Guardian Capital Group (TSE:GCG) Price Target Raised to C$47.00

Guardian Capital Group (TSE:GCG) had its price objective raised by equities research analysts at CIBC from C$44.00 to C$47.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. CIBC’s price objective would suggest a potential upside of 7.40% from the company’s current price.

Guardian Capital Group Stock Performance

GCG stock traded up C$1.01 on Friday, hitting C$43.76. The company’s stock had a trading volume of 109 shares, compared to its average volume of 1,174. The stock has a market cap of C$1.07 billion, a price-to-earnings ratio of 9.80 and a beta of 1.10. The firm has a 50 day moving average of C$44.70 and a two-hundred day moving average of C$42.67. The company has a current ratio of 0.80, a quick ratio of 0.64 and a debt-to-equity ratio of 14.08. Guardian Capital Group has a 1 year low of C$39.47 and a 1 year high of C$51.59.

Guardian Capital Group Company Profile

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.