Great Canadian Gaming (GC) Receives a Hold from Scotiabank


Yesterday, an analyst has provided a rating update for the Services sector company, Great Canadian Gaming (GC). Analyst George Doumet from Scotiabank reiterated a Hold rating, with a C$57 price target.

Doumet has an average return of 33.8% when recommending Great Canadian Gaming.

According to TipRanks.com, Doumet is ranked #1464 out of 4907 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Great Canadian Gaming with a C$60.13 average price target.

Great Canadian Gaming’s market cap is currently C$3.06B and has a P/E ratio of 22.3. The company has a Price to Book ratio of 5.58.

Great Canadian Gaming Corp. is a multi-jurisdictional gaming, entertainment, and hospitality operator. Through its subsidiaries, it operates casinos that offers slot machines, community gaming centers, bingo hall, resort with hotels, conference centre and marina, show theatres, various associated food, beverage and entertainment facilities.

The company’s shares closed on Wednesday at C$52.01, close to its 52-week high of C$55.85.

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