Colabor Group PT Raised to C$4.75 at TD Securities (GCL)
TD Securities upped their target price on shares of Colabor Group (TSE:GCL) from C$4.50 to C$4.75 in a research note issued on Tuesday, Analyst Ratings.Net reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price indicates a potential downside of 5.00% from the stock’s previous close.
A number of other analysts have also recently weighed in on GCL. Analysts at National Bank Financial downgraded shares of Colabor Group from an “outperform” rating to a “sector perform” rating in a research note to investors on Wednesday, January 8th. Analysts at NBF downgraded shares of Colabor Group to a “sector perform” rating in a research note to investors on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of C$5.67.
Colabor Group (TSE:GCL) traded down 1.00% on Tuesday, hitting $4.95. 9,200 shares of the company’s stock traded hands. Colabor Group has a 52-week low of $3.03 and a 52-week high of $8.62. The stock has a 50-day moving average of $3.73 and a 200-day moving average of $6.36. The company’s market cap is $134.1 million.
Colabor Group Inc (TSE:GCL) distributes and markets food and food-related products in Canada.
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