Gluskin Sheff + Associates Inc. (GS) Price Target Cut to C$17.50
Gluskin Sheff + Associates Inc. (TSE:GS) had its target price reduced by analysts at CIBC from C$18.00 to C$17.50 in a research note issued to investors on Monday. CIBC’s price objective indicates a potential upside of 13.05% from the stock’s previous close.
Several other research analysts have also commented on GS. Scotiabank lowered Gluskin Sheff + Associates from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from C$20.00 to C$18.00 in a report on Wednesday, October 11th. BMO Capital Markets reduced their price target on Gluskin Sheff + Associates from C$18.00 to C$17.00 and set a “market perform” rating on the stock in a report on Tuesday, October 17th. Finally, Desjardins reduced their price target on Gluskin Sheff + Associates from C$19.00 to C$18.00 in a report on Tuesday, October 31st. Six investment analysts have rated the stock with a hold rating, Gluskin Sheff + Associates presently has a consensus rating of “Hold” and an average price target of C$17.64.
Gluskin Sheff + Associates (TSE GS) opened at C$15.48 on Monday. Gluskin Sheff + Associates has a fifty-two week low of C$14.39 and a fifty-two week high of C$19.93.
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In related news, insider Peter Aaron Zaltz sold 8,221 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of C$17.32, for a total value of C$142,387.72.
Gluskin Sheff + Associates Company Profile
Gluskin Sheff + Associates Inc is a wealth management company serving high net worth private clients and institutional investors. The Company provides discretionary investment management services. It provides private client services to high net worth investors, including entrepreneurs, family trusts, private charitable foundations and estates.
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