Great Canadian Gaming Receives Average Recommendation of “Hold” from Brokerages (TSE:GC)
Great Canadian Gaming (TSE:GC) has earned an average rating of “Hold” from the eight ratings firms that are presently covering the stock, Stock Ratings Network reports. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$17.44.
Shares of Great Canadian Gaming (TSE:GC) traded up 3.23% on Friday, hitting $19.18. The stock had a trading volume of 65,508 shares. Great Canadian Gaming has a 1-year low of $9.92 and a 1-year high of $19.14. The stock’s 50-day moving average is $16.31 and its 200-day moving average is $15.17. The company has a market cap of $1.298 billion and a price-to-earnings ratio of 25.45.
Several analysts have recently commented on the stock. Analysts at Scotiabank raised their price target on shares of Great Canadian Gaming from C$19.00 to C$21.50 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at CSFB raised their price target on shares of Great Canadian Gaming from C$16.00 to C$17.00 in a research note on Thursday. They now have a “neutral” rating on the stock. Finally, analysts at Pi Financial upgraded shares of Great Canadian Gaming from a “neutral” rating to a “buy” rating in a research note on Thursday. They now have a C$20.00 price target on the stock, up previously from C$15.00.
Great Canadian Gaming Corporation is a Canada-based company engaged in gaming, entertainment and hospitality facilities in British Columbia, Ontario, Nova Scotia, and Washington State.
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