Canaccord Genuity Lowers Great Canadian Gaming Corp (GC) Price Target to C$38.00

Great Canadian Gaming Corp (TSE:GC) had its price target reduced by investment analysts at Canaccord Genuity from C$39.00 to C$38.00 in a research note issued to investors on Monday. Canaccord Genuity’s target price points to a potential upside of 27.47% from the company’s previous close.

Several other analysts also recently issued reports on the company. TD Securities decreased their price target on Great Canadian Gaming Corp from C$37.00 to C$36.00 and set a “hold” rating for the company in a research note on Friday, November 10th. Royal Bank Of Canada decreased their price target on Great Canadian Gaming Corp from C$41.00 to C$40.00 and set an “outperform” rating for the company in a research note on Friday, November 10th. Finally, Scotiabank upped their price target on Great Canadian Gaming Corp from C$26.00 to C$30.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 9th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Great Canadian Gaming Corp has a consensus rating of “Hold” and a consensus target price of C$33.80.

Shares of Great Canadian Gaming Corp (TSE GC) opened at C$29.81 on Monday. Great Canadian Gaming Corp has a 52 week low of C$22.50 and a 52 week high of C$35.34.

ILLEGAL ACTIVITY WARNING: “Canaccord Genuity Lowers Great Canadian Gaming Corp (GC) Price Target to C$38.00” was first reported by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The legal version of this report can be viewed at https://sportsperspectives.com/2017/11/15/canaccord-genuity-lowers-great-canadian-gaming-corp-gc-price-target-to-c38-00.html.

In other Great Canadian Gaming Corp news, insider Bruce Barbour acquired 2,501 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was acquired at an average price of C$16.10 per share, with a total value of C$40,266.10. Also, Director Karen Anne Keilty acquired 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average cost of C$29.68 per share, with a total value of C$59,360.00.

About Great Canadian Gaming Corp

Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia and Washington State. The Company has approximately 20 gaming properties, consisting of over three community gaming centers, four racetracks and 10 casinos, including over two with a Four Diamond resort hotel.

Analyst Recommendations for Great Canadian Gaming Corp (TSE:GC)

Receive News & Ratings for Great Canadian Gaming Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Canadian Gaming Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply