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GLV (TSE:GLV.A) was downgraded by equities researchers at Scotiabank from an “outperform” rating to a “sector perform” rating in a research report issued on Monday. They currently have a C$4.00 target price on the stock, down from their previous target price of C$4.80.

Separately, analysts at National Bank Financial reiterated an “outperform” rating on shares of GLV in a research note on Friday. They now have a C$4.50 price target on the stock, down previously from C$4.75. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. GLV currently has a consensus rating of “Buy” and a consensus target price of C$4.42.

GLV Inc (TSE:GLV) is a provider of technological solutions used in water treatment, as well as in pulp and paper production.

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