Gluskin Sheff + Assc (GS) has received a rating update from a Wall Street analyst yesterday. Desjardins’ analyst Douglas Young reiterates their Hold rating on the shares, with a C$12.50 price target.
According to TipRanks.com, Young is a 3-star analyst with an average return of 1.5% and a 45.6% success rate. Young covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Manulife Financial Corp, and National Bank of Canada.
Gluskin Sheff + Assc has an analyst consensus of Hold, with a price target consensus of C$12.60.
Gluskin Sheff + Assc’s market cap is currently C$305.2M and has a P/E ratio of 7.6. The company has a Price to Book ratio of 3.28.
Gluskin Sheff + Associates, Inc. is an independent wealth management company, which engages in managing portfolios of private clients, as well as institutional investors, including family offices, foundations, endowments, and public and private pension plans. It also offers investment management services.
The company’s shares closed on Tuesday at C$10.02, close to its 52-week low of C$9.82.
