Great Canadian Gaming Corp (GC) Receives Consensus Rating of “Hold” from Analysts

Shares of Great Canadian Gaming Corp (TSE:GC) have been given a consensus rating of “Hold” by the six research firms that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$31.33.

Several equities research analysts recently commented on GC shares. TD Securities cut their target price on shares of Great Canadian Gaming from C$37.00 to C$36.00 and set a “hold” rating on the stock in a research report on Friday, November 10th. Royal Bank of Canada cut their target price on shares of Great Canadian Gaming from C$41.00 to C$40.00 and set an “outperform” rating on the stock in a research report on Friday, November 10th. Scotiabank lifted their target price on shares of Great Canadian Gaming from C$35.00 to C$38.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 20th. Canaccord Genuity cut their target price on shares of Great Canadian Gaming from C$39.00 to C$38.00 in a research report on Monday, November 13th. Finally, National Bank Financial cut their target price on shares of Great Canadian Gaming from C$8.25 to C$8.00 and set a “sector perform” rating on the stock in a research report on Thursday.

Great Canadian Gaming (GC) traded down C$0.05 on Thursday, hitting C$36.55. 83,860 shares of the stock were exchanged, compared to its average volume of 111,352. Great Canadian Gaming has a one year low of C$22.50 and a one year high of C$38.00. The firm has a market cap of $2,220.00, a P/E ratio of 26.11 and a beta of 0.19.

Great Canadian Gaming (TSE:GC) last posted its earnings results on Thursday, November 9th. The company reported C$0.44 EPS for the quarter. Great Canadian Gaming had a net margin of 17.23% and a return on equity of 24.40%.

In other Great Canadian Gaming news, Director Karen Anne Keilty purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was acquired at an average price of C$29.68 per share, for a total transaction of C$59,360.00. Also, insider Christopher Merrill Roberts sold 11,667 shares of the business’s stock in a transaction on Friday, January 19th. The shares were sold at an average price of C$35.71, for a total transaction of C$416,628.57.

TRADEMARK VIOLATION NOTICE: “Great Canadian Gaming Corp (GC) Receives Consensus Rating of “Hold” from Analysts” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/01/great-canadian-gaming-corp-gc-receives-consensus-rating-of-hold-from-analysts.html.

Great Canadian Gaming Company Profile

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 (TSE:GC)

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

Leave a Reply