Baystreet Staff -

Coverage Initiated on Financial Stocks Brookfield Asset Management, CI Financial, Power Corp of Canada, and First Capital Realty

[ACCESSWIRE]

LONDON, UK / ACCESSWIRE / July 27, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Financial Stock. Companies recently under review include Brookfield Asset Management, CI Financial Corp., Power Corp. of Canada, and First Capital Realty. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Tuesday, July 26, 2016, the TSX Composite Index edged 0.36% higher, to finish at 14,550.00. At the close of the trading session, the financials index was up 23% at 250.55.

Active Wall St. has initiated coverage on the following equities: Brookfield Asset Management Inc. (TSX: BAM-A), CI Financial Corporation (TSX: CIX), Power Corporation of Canada (TSX: POW), and First Capital Realty Inc. (TSX: FCR). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Brookfield Asset Management Inc. (TSX: BAM-A)

Toronto, Canada based asset management holding company, Brookfield Asset Management Inc.'s stock edged 0.59% lower, to close the day at $45.55. The stock recorded a trading volume of 554,213 shares. Brookfield Asset Management's shares have advanced 8.50% in the last one month, 6.73% in the past three months, and 3.81% in the previous one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $44.09 is greater than its 200-day moving average of $42.62. Shares of the Company, which through its subsidiaries the firm invests in the property, power, and infrastructure sectors, traded at a PE ratio of 25.79. See our notes on BMA-A.TO at: http://www.activewallst.com/registration-3/?symbol=BAM-A.

CI Financial Corp. (TSX: CIX)

Toronto, Canada based management holding company, CI Financial Corp.'s stock finished Tuesday's session flat at $27.66 with a total volume of 169,505 shares traded. Over the past three months, CI Financial Corp.'s shares have fallen by 1.28%. However, the Company's stock has advanced 4.93% in the last one month. The Company's shares are trading above its 50-day moving average. CI Financial's 200-day moving average of $28.23 is above its 50-day moving average of $27.22. Shares of the Company, which through its subsidiaries, manages separate client focused equity, fixed income, and alternative investments portfolios, traded at a PE ratio of 14.63. The complimentary notes on CIX.TO at: http://www.activewallst.com/registration-3/?symbol=CIX.

Power Corporation of Canada (TSX: POW)

On Tuesday, shares in Montréal, Canada headquartered Power Corporation of Canada ended the session 0.14% lower at $28.31 with a total volume of 607,637 shares traded. Power Corporation of Canada's shares have advanced 5.75% in the last one month. The stock is trading above its 50-day moving average. The company's 200-day moving average of $28.93 is greater than its 50-day moving average of $28.18. Shares of Power Corporation of Canada, which operates as a diversified international management and holding company with interests primarily in the financial services, communications, and other business sectors in Canada, the U.S., Europe, and Asia, traded at a PE ratio of 8.90. Register for free and access the latest notes on POW.TO at: http://www.activewallst.com/registration-3/?symbol=POW.

First Capital Realty Inc. (TSX: FCR)

On Tuesday, shares in Toronto, Canada headquartered First Capital Realty Inc. recorded a trading volume of 252,092 shares. The stock ended the day 0.93% higher at $22.88. First Capital Realty Inc.'s stock has gained 4.91% in the last one month and 13.04% in the previous three months. Furthermore, the Company's stock has gained 28.68% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $22.09 is above its 200-day moving average of $20.46. Shares of the Company, which acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties, traded at a PE ratio of 23.13. Get free access to your notes on FCR.TO at: http://www.activewallst.com/registration-3/?symbol=FCR.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street