Great Canadian Gaming (GC) PT Raised to C$64.00

Great Canadian Gaming (TSE:GC) had its price target boosted by Royal Bank of Canada from C$63.00 to C$64.00 in a report released on Wednesday. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s target price suggests a potential upside of 23.20% from the company’s previous close.

Separately, Cormark dropped their target price on Great Canadian Gaming from C$49.00 to C$44.00 in a report on Friday, August 17th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of C$43.42.

Shares of GC opened at C$51.95 on Wednesday. Great Canadian Gaming has a one year low of C$28.89 and a one year high of C$55.85.

Great Canadian Gaming (TSE:GC) last issued its earnings results on Tuesday, August 14th. The company reported C$0.66 earnings per share (EPS) for the quarter. The company had revenue of C$305.30 million during the quarter.

In other Great Canadian Gaming news, insider Darren John Alexander Gwozd purchased 1,200 shares of the firm’s stock in a transaction dated Thursday, September 27th. The shares were acquired at an average price of C$46.50 per share, with a total value of C$55,800.00.

Great Canadian Gaming Company Profile

Great Canadian Gaming Corporation operates gaming properties in Canada and the United States. The company's gaming properties include casinos, horse racetrack casinos, community gaming centers, and commercial bingo halls. As of March 7, 2018, it had 25 gaming, entertainment, and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia, and Washington State.

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Analyst Recommendations for Great Canadian Gaming (TSE:GC)

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