Canaccord Genuity Raises Great Canadian Gaming Corp (TSE:GC) Price Target to C$39.00

Great Canadian Gaming Corp (TSE:GC) had its price objective hoisted by equities research analysts at Canaccord Genuity from C$31.00 to C$39.00 in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price objective suggests a potential upside of 25.20% from the company’s previous close.

GC has been the topic of a number of other reports. Royal Bank Of Canada boosted their price target on shares of Great Canadian Gaming Corp from C$28.00 to C$29.00 and gave the stock an “outperform” rating in a report on Wednesday, May 10th. Scotiabank boosted their price target 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 report on Wednesday. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$31.17.

Great Canadian Gaming Corp (TSE:GC) traded up 5.84% on Friday, hitting $32.97. 582,838 shares of the stock traded hands. The stock has a 50-day moving average price of $24.52 and a 200 day moving average price of $24.33. Great Canadian Gaming Corp has a 1-year low of $20.44 and a 1-year high of $33.22. The company has a market cap of $2.03 billion and a price-to-earnings ratio of 24.66.

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Great Canadian Gaming Corp Company Profile

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.

Analyst Recommendations for Great Canadian Gaming Corp (TSE:GC)

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