Gluskin Sheff (GS) PT Raised to C$19.00 at Scotiabank

Gluskin Sheff (TSE:GS) had its price target hoisted by Scotiabank from C$18.00 to C$19.00 in a research report released on Wednesday. Scotiabank currently has a sector perform rating on the stock.

A number of other research firms have also recently weighed in on GS. BMO Capital Markets raised their price objective on shares of Gluskin Sheff from C$16.00 to C$17.00 in a report on Tuesday. Desjardins restated a hold rating on shares of Gluskin Sheff in a research report on Monday, May 14th. Finally, CIBC lowered their target price on shares of Gluskin Sheff from C$17.50 to C$17.00 and set a neutral rating on the stock in a research report on Wednesday, January 17th. Six research analysts have rated the stock with a hold rating, The stock currently has an average rating of Hold and an average target price of C$17.58.

GS stock opened at C$17.64 on Wednesday. Gluskin Sheff has a twelve month low of C$14.15 and a twelve month high of C$19.20.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 4th. Stockholders of record on Friday, May 25th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, May 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.67%.

In other Gluskin Sheff news, Director Wilfred Arthur Gobert bought 17,000 shares of the stock in a transaction dated Monday, April 23rd. The shares were acquired at an average cost of C$14.54 per share, for a total transaction of C$247,180.00. Also, insider Jeffrey Moody bought 15,000 shares of the stock in a transaction dated Thursday, March 8th. The shares were acquired at an average price of C$14.22 per share, for a total transaction of C$213,300.00. Over the last 90 days, insiders have bought 51,000 shares of company stock worth $733,810.

Gluskin Sheff Company Profile

Gluskin Sheff + Associates Inc is a publicly owned investment manager. The firm also provides wealth management services. It primarily provides its services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations, pension and profit sharing plans, pooled investment vehicles, charitable organizations , corporations, institutions, insurance companies, and estates.

Analyst Recommendations for Gluskin Sheff (TSE:GS)

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