Guardian Capital Group (TSE:GCG) Given New C$45.00 Price Target at CIBC

Guardian Capital Group (TSE:GCG) had its target price lowered by equities research analysts at CIBC from C$47.00 to C$45.00 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a “neutral” rating on the financial services provider’s stock. CIBC’s target price indicates a potential upside of 8.17% from the stock’s current price.

Guardian Capital Group Price Performance

Shares of GCG stock opened at C$41.60 on Monday. The business’s fifty day moving average is C$41.26 and its 200 day moving average is C$42.52. The company has a quick ratio of 0.64, a current ratio of 0.80 and a debt-to-equity ratio of 14.08. The stock has a market cap of C$1.02 billion, a price-to-earnings ratio of 9.32 and a beta of 1.10. Guardian Capital Group has a twelve month low of C$38.50 and a twelve month high of C$47.99.

About Guardian Capital Group

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.