Great Canadian Gaming Corp (TSE:GC) had its target price cut by TD Securities from C$37.00 to C$36.00 in a research note issued to investors on Friday. They currently have a hold rating on the stock.
Several other brokerages have also recently commented on GC. Royal Bank of Canada boosted 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 report on Wednesday, August 9th. Scotiabank boosted 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 report on Wednesday, August 9th. Finally, Canaccord Genuity boosted their target price 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, August 11th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of C$34.00.
Shares of Great Canadian Gaming Corp (GC) traded down C$1.84 during trading hours on Friday, reaching C$29.71. The company had a trading volume of 561,106 shares, compared to its average volume of 146,896. Great Canadian Gaming Corp has a 1 year low of C$22.50 and a 1 year high of C$35.34.
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In other news, insider Bruce Barbour bought 2,501 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The shares were purchased at an average price of C$16.10 per share, with a total value of C$40,266.10.
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.
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