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

Great Canadian Gaming (TSE:GC) had its price target upped by analysts at Royal Bank of Canada from C$63.00 to C$64.00 in a research note issued to investors on Wednesday. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 24.76% from the company’s previous close.

Separately, Cormark decreased their target price on shares of 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 company. Great Canadian Gaming has a consensus rating of “Buy” and a consensus target price of C$43.42.

Great Canadian Gaming stock traded up C$1.44 during midday trading on Wednesday, reaching C$51.30. 329,199 shares of the stock were exchanged, compared to its average volume of 195,564. Great Canadian Gaming has a 52 week low of C$28.89 and a 52 week high of C$55.85.

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

In related news, insider Darren John Alexander Gwozd purchased 1,200 shares of the business’s stock in a transaction on Thursday, September 27th. The stock was 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.

Further Reading: Earnings Per Share

Analyst Recommendations for Great Canadian Gaming (TSE:GC)

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