Great Canadian Gaming Corp (GC) Given Average Rating of “Buy” by Brokerages

Shares of Great Canadian Gaming Corp (TSE:GC) have been given a consensus recommendation of “Buy” by the seven brokerages that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$27.17.

A number of analysts recently issued reports on GC shares. Raymond James Financial, Inc. reiterated a “market perform” rating and issued a C$25.00 price target on shares of Great Canadian Gaming Corp in a report on Wednesday, March 8th. TD Securities restated a “buy” rating and set a C$31.00 target price on shares of Great Canadian Gaming Corp in a report on Wednesday, March 8th. Scotiabank restated a “sector perform” rating and set a C$26.00 target price on shares of Great Canadian Gaming Corp in a report on Wednesday, March 8th. Finally, Royal Bank Of Canada upped their target price on Great Canadian Gaming Corp from C$28.00 to C$29.00 and gave the stock an “outperform” rating in a report on Wednesday, May 10th.

In other Great Canadian Gaming Corp news, Director Chuck Keeling sold 2,900 shares of the company’s stock in a transaction on Friday, March 31st. The stock was sold at an average price of C$24.55, for a total transaction of C$71,195.00. Also, insider Bruce Barbour bought 2,400 shares of the stock in a transaction on Wednesday, April 26th. The shares were bought at an average price of C$16.10 per share, with a total value of C$38,640.00. In the last 90 days, insiders have sold 4,000 shares of company stock valued at $98,385.

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Shares of Great Canadian Gaming Corp (GC) traded up 0.47% on Tuesday, hitting $23.72. The stock had a trading volume of 80,645 shares. The company has a 50-day moving average of $23.98 and a 200-day moving average of $24.33. Great Canadian Gaming Corp has a 52-week low of $17.23 and a 52-week high of $26.20. The company has a market cap of $1.46 billion and a P/E ratio of 17.74.

Great Canadian Gaming Corp 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:GC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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