Great Canadian Gaming Corp (GC) Price Target Raised to C$37.00 at TD Securities
Great Canadian Gaming Corp (TSE:GC) had its price target raised by equities researchers at TD Securities from C$31.00 to C$37.00 in a report released on Friday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 18.78% from the stock’s previous close.
A number of other analysts also recently issued reports on GC. Canaccord Genuity lifted their price target on Great Canadian Gaming Corp from C$31.00 to C$39.00 and gave the stock a “buy” rating in a report on Friday. Scotiabank lifted their target price on Great Canadian Gaming Corp from C$26.00 to C$30.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Finally, Royal Bank Of Canada lifted their target price on Great Canadian Gaming Corp from C$29.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Great Canadian Gaming Corp presently has an average rating of “Buy” and an average price target of C$31.17.
Great Canadian Gaming Corp (GC) traded up 5.84% on Friday, hitting $32.97. The stock had a trading volume of 582,838 shares. The company has a market cap of $2.03 billion and a P/E ratio of 24.66. The firm’s 50-day moving average is $24.52 and its 200-day moving average is $24.33. Great Canadian Gaming Corp has a 52-week low of $20.44 and a 52-week high of $33.22.
Great Canadian Gaming Corp Company Profile
Great Canadian Gaming Corporation operates gaming, entertainment, and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia, and Washington State. As of March 13, 2017, it had 21 gaming properties, which consist of 13 casinos, including a four Diamond resort hotel in Richmond, British Columbia and a four star hotel in Moncton, New Brunswick; 4 horse racetrack casinos; 3 community gaming centers; and 1 commercial bingo hall.
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