GMP Capital’s (GMP) “Sector Perform” Rating Reaffirmed at Scotiabank

GMP Capital Inc. (TSE:GMP)‘s stock had its “sector perform” rating reissued by analysts at Scotiabank in a note issued to investors on Thursday, reports. They presently have a C$5.00 price objective on the stock. Scotiabank’s price target suggests a potential upside of 1.63% from the company’s previous close.

Separately, CIBC boosted their price objective on shares of GMP Capital from C$5.00 to C$6.00 and gave the stock a “sector perform” rating in a research note on Monday, August 8th.

Shares of GMP Capital (TSE:GMP) traded up 2.64% during mid-day trading on Thursday, reaching $5.05. 1,400 shares of the company traded hands. The stock’s market capitalization is $341.10 million. GMP Capital has a 52-week low of $3.50 and a 52-week high of $5.49. The stock’s 50 day moving average is $4.88 and its 200 day moving average is $5.03.

GMP Capital Company Profile

GMP Capital Inc (GMP) is a diversified financial services firm. The Company provides a range of financial products and services to a client base that includes corporate clients, institutional investors and high-net-worth individuals in two integrated segments. The Company operates in two segments: Capital Markets and Wealth Management.

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