Guardian Capital Group (GCG) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS
Guardian Capital Group (TSE:GCG) announced its earnings results on Wednesday. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.25 by $0.07, AnalystRatings.Net reports.
Shares of Guardian Capital Group (TSE:GCG) opened at 17.66 on Wednesday. Guardian Capital Group has a 52-week low of $12.25 and a 52-week high of $18.73. The stock has a 50-day moving average of $17. and a 200-day moving average of $16.96. The company has a market cap of $534.4 million and a price-to-earnings ratio of 13.36.
A number of analysts have recently weighed in on GCG shares. Analysts at Scotiabank reiterated a “sector perform” rating on shares of Guardian Capital Group in a research note on Tuesday. They now have a C$19.00 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Guardian Capital Group from C$20.00 to C$20.50 in a research note on Thursday, May 15th. They now have a “buy” rating on the stock.
Guardian Capital Group Limited (TSE:GCG) is a diversified financial services company.
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