Xtract One Tech (TSE:XTR) Upgraded to “Moderate Buy” at Canaccord Genuity Group

Xtract One Tech (TSE:XTRGet Free Report) was upgraded by investment analysts at Canaccord Genuity Group to a “moderate buy” rating in a report issued on Monday,Zacks.com reports.

Xtract One Tech Price Performance

TSE:XTR opened at C$12.45 on Monday. The business’s 50-day moving average is C$12.23 and its two-hundred day moving average is C$12.03. Xtract One Tech has a 12 month low of C$11.32 and a 12 month high of C$12.46.

Xtract One Tech Company Profile

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The investment objective of the Fund is to provide a consistent monthly cash distribution, with the potential for modest long-term capital growth, by investing primarily in exchange-traded funds listed on a recognized Canadian Stock Exchange and managed by BlackRock Canada or an affiliate (Canadian iShares Fund) that provide exposure to a diversified portfolio of income-bearing investments. Exposure to these types of income-bearing investments may also be obtained by investing directly in them and/or through the use of derivatives.

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