Scotiabank Increases Great Canadian Gaming (GC) Price Target to C$38.00

Great Canadian Gaming (TSE:GC) had its target price boosted by analysts at Scotiabank from C$35.00 to C$38.00 in a report released on Wednesday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price target suggests a potential upside of 11.93% from the stock’s previous close.

A number of other research analysts have also recently weighed in on the company. TD Securities lifted their target price on Great Canadian Gaming from C$36.00 to C$37.00 and gave the company a “hold” rating in a report on Wednesday. Royal Bank of Canada lifted their target price on Great Canadian Gaming from C$40.00 to C$42.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Canaccord Genuity reduced their target price on Great Canadian Gaming from C$39.00 to C$38.00 in a report on Monday, November 13th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of C$36.00.

Great Canadian Gaming (TSE:GC) opened at C$33.95 on Wednesday. Great Canadian Gaming has a fifty-two week low of C$22.50 and a fifty-two week high of C$35.34.

In related news, Director Karen Anne Keilty acquired 2,000 shares of Great Canadian Gaming stock in a transaction on Tuesday, November 14th. The shares were bought at an average price of C$29.68 per share, for a total transaction of C$59,360.00.

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Great Canadian Gaming Company Profile

Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia and Washington State. The Company has approximately 20 gaming properties, consisting of over three community gaming centers, four racetracks and 10 casinos, including over two with a Four Diamond resort hotel.

Analyst Recommendations for Great Canadian Gaming (TSE:GC)

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