Great Canadian Gaming (GC) Price Target Increased to C$52.50 by Analysts at Scotiabank

Great Canadian Gaming (TSE:GC) had its price target increased by Scotiabank from C$52.00 to C$52.50 in a research report sent to investors on Wednesday. They currently have a sector perform rating on the stock.

A number of other equities analysts also recently commented on the stock. Royal Bank of Canada lifted their target price on shares of Great Canadian Gaming from C$42.00 to C$45.00 and gave the stock an outperform rating in a research note on Wednesday, March 7th. TD Securities raised shares of Great Canadian Gaming from a hold rating to a buy rating and lifted their target price for the stock from C$39.00 to C$54.00 in a research note on Thursday, May 10th. Finally, Canaccord Genuity lifted their target price on shares of Great Canadian Gaming from C$38.00 to C$41.00 and gave the stock a buy rating in a research note on Thursday, April 19th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of C$43.30.

Shares of Great Canadian Gaming opened at C$55.54 on Wednesday, Marketbeat.com reports. Great Canadian Gaming has a 12 month low of C$22.95 and a 12 month high of C$55.78.

In other news, insider Radoslaw Kielar sold 8,333 shares of the business’s stock in a transaction that occurred on Wednesday, April 4th. The shares were sold at an average price of C$34.20, for a total value of C$284,988.60. Also, insider David Roger Desmarais sold 2,667 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of C$35.89, for a total transaction of C$95,718.63. Insiders sold a total of 21,866 shares of company stock worth $928,761 over the last three months.

About Great Canadian Gaming

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.

Analyst Recommendations for Great Canadian Gaming (TSE:GC)

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