iShares Core Canadian Universe Bond Index ETF
iShares Core Canadian Universe Bond Index ETF (XBB.TO) Stock Overview
Explore iShares Core Canadian Universe Bond Index ETF’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
2.6B
P/E Ratio
N/A
EPS (TTM)
$2.56
ROE
0.00%
XBB.TO Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of iShares Core Canadian Universe Bond Index ETF (XBB.TO) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $30.44.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of N/A and a market capitalization of 2.6B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
The fund provides exposure to investment-grade debt securities denominated in Canadian dollars that cover government, quasi-government, and corporate bonds. Bonds with remaining maturity of at least one year are selected and may include any or all of federal, provincial, corporate (including certain qualifying asset-backed securities) and municipal bonds. The index uses a rules-based methodology, which changes over time reflecting market developments. Using a sampling approach to indexing, the fund may not hold all the stocks of the underlying index but will hold securities that collectively have the same investment profile. The index is rebalanced on a daily basis.
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