Guardian Capital Group Ltd. (GCG) PT Lowered to C$29.00

Guardian Capital Group Ltd. (TSE:GCG) had its price target decreased by Scotiabank from C$29.50 to C$29.00 in a research report released on Wednesday. Scotiabank currently has a sector perform rating on the financial services provider’s stock.

Guardian Capital Group (GCG) opened at C$24.30 on Wednesday. Guardian Capital Group has a 1 year low of C$22.41 and a 1 year high of C$29.50.

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The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 18th. Stockholders of record on Thursday, January 11th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, January 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.65%. Guardian Capital Group’s dividend payout ratio (DPR) is currently 10.33%.

Guardian Capital Group Company Profile

Guardian Capital Group Limited is a Canada-based financial services company. The Company serves the wealth management needs of a range of clients. It operates through three segments: institutional and private wealth investment management; financial advisory, which includes an insurance managing general agency (MGA), a mutual fund dealer and a securities dealer (together, the Dealers), and corporate activities and investments.

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