Gluskin Sheff + Associates Inc. (TSE:GS) had its target price decreased by investment analysts at Desjardins from C$18.00 to C$17.00 in a research note issued to investors on Tuesday. Desjardins’ price objective would suggest a potential upside of 7.94% from the company’s previous close.

Several other equities analysts have also recently commented on the stock. Scotiabank cut shares of Gluskin Sheff + Associates from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from C$20.00 to C$18.00 in a research note on Wednesday, October 11th. CIBC lowered their target price on shares of Gluskin Sheff + Associates from C$18.00 to C$17.50 in a research note on Monday. Royal Bank Of Canada lowered their target price on shares of Gluskin Sheff + Associates from C$18.00 to C$17.00 and set a “sector perform” rating on the stock in a research note on Monday. Finally, BMO Capital Markets lowered their target price on shares of Gluskin Sheff + Associates from C$18.00 to C$17.00 and set a “market perform” rating on the stock in a research note on Tuesday, October 17th. Six analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of C$17.64.

Gluskin Sheff + Associates (TSE GS) traded down C$0.85 during mid-day trading on Tuesday, hitting C$15.75. 353,669 shares of the company were exchanged, compared to its average volume of 90,956. Gluskin Sheff + Associates has a 1-year low of C$14.39 and a 1-year high of C$19.93.

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In other news, insider Peter Aaron Zaltz sold 8,221 shares of Gluskin Sheff + Associates stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of C$17.32, for a total value of C$142,387.72.

Gluskin Sheff + Associates Company Profile

Gluskin Sheff + Associates Inc is a wealth management company serving high net worth private clients and institutional investors. The Company provides discretionary investment management services. It provides private client services to high net worth investors, including entrepreneurs, family trusts, private charitable foundations and estates.

Analyst Recommendations for Gluskin Sheff + Associates (TSE:GS)

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