Colabor Group Inc (TSE:GCL)‘s stock had its “hold” rating reaffirmed by TD Securities in a research report issued on Monday. They presently have a C$1.00 price objective on the stock. TD Securities’ price objective indicates a potential upside of 26.58% from the company’s previous close.

Separately, Desjardins reduced their target price on Colabor Group from C$1.50 to C$1.20 in a report on Thursday, July 21st.

Colabor Group (TSE:GCL) traded down 1.22% during mid-day trading on Monday, reaching $0.81. The company’s stock had a trading volume of 116,844 shares. The firm’s market cap is $22.26 million. Colabor Group has a 12-month low of $0.67 and a 12-month high of $1.16. The company has a 50-day moving average price of $0.78 and a 200-day moving average price of $0.87.

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About Colabor Group

Colabor Group Inc distributes and markets food and food-related products in Canada. The Company serves foodservice and retail markets. The Company operates through two segments: Distribution and Wholesale. The Distribution Segment includes operating activities, such as Summit Foodservice, which is a distributor and master food wholesaler; Skor Cash & Carry Division, which operates over five Cash & Carry locations in southern Ontario and offers over 12,000 retail and food service products; Colabor Food Distributor, which is a distributor to foodservice and retail customers; Les Pecheries Norref Quebec Inc, which is a fresh fish and seafood products importer and distributor in the province of Quebec, and Lauzon Meats is a distributor of Cargill beef brands.

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