Gluskin Sheff (GS) Price Target Increased to C$19.00 by Analysts at Scotiabank

Gluskin Sheff (TSE:GS) had its price target hoisted by equities research analysts at Scotiabank from C$18.00 to C$19.00 in a research report issued on Wednesday. The brokerage currently has a “sector perform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 13.30% from the stock’s current price.

GS has been the topic of a number of other reports. BMO Capital Markets raised their target price on Gluskin Sheff from C$16.00 to C$17.00 in a report on Tuesday. CIBC decreased their target price on Gluskin Sheff from C$17.50 to C$17.00 and set a “neutral” rating on the stock in a report on Wednesday, January 17th. Finally, Desjardins reaffirmed a “hold” rating on shares of Gluskin Sheff in a report on Monday. Six research analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and a consensus price target of C$17.58.

TSE GS opened at C$16.77 on Wednesday. Gluskin Sheff has a 1-year low of C$14.15 and a 1-year high of C$19.20.

In related news, Director Wilfred Arthur Gobert bought 17,000 shares of the firm’s stock in a transaction that occurred on Monday, April 23rd. The shares were bought at an average cost of C$14.54 per share, with a total value of C$247,180.00. Also, insider Jeffrey Moody bought 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The stock was bought at an average cost of C$14.22 per share, for a total transaction of C$213,300.00. Over the last ninety days, insiders purchased 51,000 shares of company stock worth $733,810.

Gluskin Sheff Company Profile

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.

Analyst Recommendations for Gluskin Sheff (TSE:GS)

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