Great Canadian Gaming (GC) PT Raised to C$63.00 at Royal Bank of Canada

Great Canadian Gaming (TSE:GC) had its target price upped by analysts at Royal Bank of Canada from C$61.00 to C$63.00 in a note issued to investors on Wednesday. Royal Bank of Canada’s price target would suggest a potential upside of 39.69% from the company’s current price.

A number of other brokerages also recently commented on GC. Cormark raised their price objective on Great Canadian Gaming from C$37.00 to C$49.00 in a research report on Tuesday, June 19th. Canaccord Genuity raised their price objective on Great Canadian Gaming from C$38.00 to C$41.00 and gave the stock a “buy” rating in a research report on Thursday, April 19th. TD Securities upgraded Great Canadian Gaming from a “hold” rating to a “buy” rating and raised their price objective for the stock from C$39.00 to C$54.00 in a research report on Thursday, May 10th. Finally, Scotiabank raised their price objective on Great Canadian Gaming from C$52.00 to C$52.50 and gave the stock a “sector perform” rating in a research report on Wednesday, June 6th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Great Canadian Gaming currently has an average rating of “Hold” and an average target price of C$44.08.

GC opened at C$45.10 on Wednesday. Great Canadian Gaming has a 12-month low of C$28.89 and a 12-month high of C$55.85.

In other Great Canadian Gaming news, insider Chindavon Phouikhoune-Phinith sold 8,333 shares of the firm’s stock in a transaction that occurred on Thursday, May 24th. The stock was sold at an average price of C$50.25, for a total value of C$418,733.25. Also, insider Bruce Barbour sold 2,100 shares of the firm’s stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of C$51.00, for a total value of C$107,100.00. Insiders sold a total of 10,466 shares of company stock valued at $527,641 in the last quarter.

Great Canadian Gaming Company Profile

Great Canadian Gaming Corporation operates gaming properties in Canada and the United States. The company's gaming properties include casinos, horse racetrack casinos, community gaming centers, and commercial bingo halls. As of March 7, 2018, it had 25 gaming, entertainment, and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia, and Washington State.

Featured Article: Google Finance

Analyst Recommendations for Great Canadian Gaming (TSE:GC)

Receive News & Ratings for Great Canadian Gaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Canadian Gaming and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply