Scotiabank Remains a Hold on Great Canadian Gaming (GC)


The Services sector company, Great Canadian Gaming (GC), has received a rating update from a Wall Street analyst on March 6. Scotiabank’s analyst George Doumet reiterates their Hold rating on the shares, with a C$54 price target.

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

According to TipRanks.com, Doumet is ranked #1936 out of 5220 analysts.

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Currently, the analyst consensus on Great Canadian Gaming is a Moderate Buy with an average price target of C$59.

Great Canadian Gaming’s market cap is currently C$3.15B and has a P/E ratio of 24.9. The company has a Price to Book ratio of 5.35.

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 Thursday at C$51.60.

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