TD Securities Reiterates “Hold” Rating for Colabor Group Inc (GCL)
Colabor Group Inc (TSE:GCL)‘s stock had its “hold” rating reiterated by investment analysts at TD Securities in a research report issued on Monday. They currently have a C$1.00 target price on the stock. TD Securities’ target price would indicate a potential upside of 3.09% from the company’s previous close.
Separately, Desjardins dropped their target price on shares of Colabor Group from C$1.50 to C$1.20 in a report on Thursday, July 21st.
Colabor Group (TSE:GCL) opened at 0.97 on Monday. The firm has a 50 day moving average of $0.78 and a 200-day moving average of $0.87. Colabor Group has a one year low of $0.67 and a one year high of $1.16. The firm’s market cap is $26.66 million.
Colabor Group Company Profile
Colabor Group Inc distributes and markets food and food-related products in Canada. The Company serves foodservice and retail markets. The Company operates through two segments: Distribution and Wholesale. The Distribution Segment includes operating activities, such as Summit Foodservice, which is a distributor and master food wholesaler; Skor Cash & Carry Division, which operates over five Cash & Carry locations in southern Ontario and offers over 12,000 retail and food service products; Colabor Food Distributor, which is a distributor to foodservice and retail customers; Les Pecheries Norref Quebec Inc, which is a fresh fish and seafood products importer and distributor in the province of Quebec, and Lauzon Meats is a distributor of Cargill beef brands.
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