Cannae (NYSE:CNNE) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Monday, January 1st.
According to Zacks, “Cannae Holdings, Inc. holds majority and minority equity investment stakes in a number of entities, including Ceridian Holdings, LLC, American Blue Ribbon Holdings, LLC and T-System Holding LLC. Cannae Holdings, Inc., formerly known as Fidelity National Financial Inc., is based in FL, United States. “
Separately, TheStreet upgraded shares of Cannae from a “c-” rating to a “b-” rating in a research report on Wednesday, December 13th.
Shares of Cannae (NYSE:CNNE) traded down $0.05 on Monday, reaching $16.92. 557,500 shares of the company traded hands, compared to its average volume of 230,700. Cannae has a 12 month low of $16.16 and a 12 month high of $18.90. The company has a market capitalization of $1,195.47, a PE ratio of 10.44 and a beta of 0.80. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.06 and a quick ratio of 2.06.
TRADEMARK VIOLATION WARNING: This story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/01/11/cannae-cnne-downgraded-by-zacks-investment-research.html.
Get a free copy of the Zacks research report on Cannae (CNNE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Cannae Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cannae and related companies with MarketBeat.com's FREE daily email newsletter.