Royal Bank of Canada Raises Great Canadian Gaming (GC) Price Target to C$42.00

Great Canadian Gaming (TSE:GC) had its price target increased by Royal Bank of Canada from C$40.00 to C$42.00 in a research report sent to investors on Wednesday. Royal Bank of Canada currently has an outperform rating on the stock.

A number of other analysts have also weighed in on GC. TD Securities lowered Great Canadian Gaming from a buy rating to a hold rating and set a C$37.00 target price for the company. in a research note on Tuesday, September 26th. Canaccord Genuity lowered their target price on Great Canadian Gaming from C$39.00 to C$38.00 in a research note on Monday, November 13th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of C$36.00.

Shares of Great Canadian Gaming (GC) opened at C$34.08 on Wednesday. Great Canadian Gaming has a 12 month low of C$22.50 and a 12 month high of C$35.34. The firm has a market capitalization of $2,080.00, a price-to-earnings ratio of 24.34 and a beta of 0.19.

In other Great Canadian Gaming news, Director Karen Anne Keilty bought 2,000 shares of the stock in a transaction dated Tuesday, November 14th. The stock was bought at an average cost of C$29.68 per share, for a total transaction of C$59,360.00.

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About Great Canadian Gaming

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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