Great Canadian Gaming Corp (GC) Given Average Rating of “Buy” by Analysts
Great Canadian Gaming Corp (TSE:GC) has been given a consensus recommendation of “Buy” by the six brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$33.20.
Several research firms have weighed in on GC. Canaccord Genuity lifted their price objective on shares of Great Canadian Gaming Corp from C$31.00 to C$39.00 and gave the stock a “buy” rating in a research report on Friday. Scotiabank lifted their price objective on shares of Great Canadian Gaming Corp from C$26.00 to C$30.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 9th. Royal Bank Of Canada lifted their price objective on shares of Great Canadian Gaming Corp from C$28.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 10th. Finally, TD Securities lifted their price objective on shares of Great Canadian Gaming Corp from C$31.00 to C$37.00 and gave the stock a “buy” rating in a research report on Friday.
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Shares of Great Canadian Gaming Corp (GC) traded up 0.62% during midday trading on Friday, reaching $32.50. The company’s stock had a trading volume of 327,740 shares. The stock’s 50 day moving average is $24.78 and its 200 day moving average is $24.39. The stock has a market capitalization of $2.00 billion and a PE ratio of 23.26. Great Canadian Gaming Corp has a 12 month low of $20.44 and a 12 month high of $33.22.
About Great Canadian Gaming Corp
Great Canadian Gaming Corporation operates gaming, entertainment, and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia, and Washington State. As of March 13, 2017, it had 21 gaming properties, which consist of 13 casinos, including a four Diamond resort hotel in Richmond, British Columbia and a four star hotel in Moncton, New Brunswick; 4 horse racetrack casinos; 3 community gaming centers; and 1 commercial bingo hall.
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