GMP Capital Inc. (GMP) Stock Rating Reaffirmed by Scotiabank
GMP Capital Inc. (TSE:GMP)‘s stock had its “sector perform” rating restated by Scotiabank in a research note issued to investors on Thursday. They currently have a C$5.00 target price on the stock. Scotiabank’s target price indicates a potential downside of 0.60% from the stock’s previous close.
Separately, CIBC boosted their target price on GMP Capital from C$5.00 to C$6.00 and gave the company a “sector perform” rating in a report on Monday, August 8th.
GMP Capital (TSE:GMP) opened at 5.03 on Thursday. The company’s 50-day moving average price is $4.89 and its 200-day moving average price is $5.03. The stock’s market cap is $339.75 million. GMP Capital has a 12 month low of $3.50 and a 12 month high of $5.49.
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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