Gluskin Sheff + Associates (TSE:GS) had its price objective lowered by research analysts at TD Securities from C$16.00 to C$13.00 in a research report issued to clients and investors on Friday. The brokerage presently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 11.97% from the company’s current price.
Several other analysts have also weighed in on the company. BMO Capital Markets cut their price objective on Gluskin Sheff + Associates from C$17.00 to C$16.00 in a report on Monday, September 24th. CIBC upped their price objective on Gluskin Sheff + Associates from C$17.00 to C$19.00 in a report on Friday, July 20th. Finally, Royal Bank of Canada cut their price objective on Gluskin Sheff + Associates from C$18.00 to C$15.00 and set a “sector perform” rating for the company in a report on Thursday. Five equities research analysts have rated the stock with a hold rating, Gluskin Sheff + Associates presently has a consensus rating of “Hold” and a consensus target price of C$16.08.
Shares of Gluskin Sheff + Associates stock traded up C$0.01 during trading on Friday, hitting C$11.61. The stock had a trading volume of 277,958 shares, compared to its average volume of 107,458. Gluskin Sheff + Associates has a fifty-two week low of C$11.29 and a fifty-two week high of C$18.05.
Gluskin Sheff + Associates Inc is a publicly owned investment manager. The firm also provides wealth management services. It primarily provides its services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations, pension and profit sharing plans, pooled investment vehicles, charitable organizations , corporations, institutions, insurance companies, and estates.
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