Great Canadian Gaming Given Consensus Recommendation of “Hold” by Brokerages (TSE:GC)
Great Canadian Gaming (TSE:GC) has been given an average rating of “Hold” by the eight analysts that are covering the stock, StockRatingsNetwork reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$17.44.
Shares of Great Canadian Gaming (TSE:GC) opened at 19.28 on Friday. Great Canadian Gaming has a 1-year low of $9.92 and a 1-year high of $19.39. The stock’s 50-day moving average is $16.44 and its 200-day moving average is $15.26. The company has a market cap of $1.304 billion and a price-to-earnings ratio of 26.37.
A number of research firms have recently commented on GC. 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, August 14th. 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, August 14th. 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.