Gluskin Sheff + Associates Inc (TSE:GS) had its target price dropped by equities research analysts at Desjardins from C$18.50 to C$17.00 in a research report issued to clients and investors on Friday. The firm currently has a “hold” rating on the stock. Desjardins’ price target would suggest a potential upside of 17.00% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Scotiabank decreased their price objective on Gluskin Sheff + Associates from C$23.00 to C$22.00 and set an “outperform” rating for the company in a research note on Friday, September 16th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Gluskin Sheff + Associates in a research note on Monday, July 18th. TD Securities reiterated a “buy” rating and issued a C$20.00 price objective on shares of Gluskin Sheff + Associates in a research note on Monday, July 18th. Canaccord Genuity reiterated a “hold” rating and issued a C$18.00 price objective on shares of Gluskin Sheff + Associates in a research note on Monday, September 19th. Finally, CIBC decreased their price objective on Gluskin Sheff + Associates from C$21.00 to C$20.00 in a research note on Monday, September 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of C$19.13.

Analyst Recommendations for Gluskin Sheff + Associates (TSE:GS)

Shares of Gluskin Sheff + Associates (TSE:GS) opened at 14.53 on Friday. Gluskin Sheff + Associates has a 12 month low of $14.41 and a 12 month high of $23.50. The stock has a market cap of $431.15 million and a price-to-earnings ratio of 13.21. The company has a 50-day moving average price of $15.78 and a 200-day moving average price of $16.86.

In other Gluskin Sheff + Associates news, insider David Roy Morris bought 1,789 shares of the business’s stock in a transaction dated Tuesday, September 6th. The shares were acquired at an average price of C$19.23 per share, with a total value of C$34,402.47.

Gluskin Sheff + Associates Company Profile

Gluskin Sheff + Associates Inc is a wealth management company serving high net worth private clients and institutional investors. The Company provides discretionary investment management services. It provides private client services to high net worth investors, including entrepreneurs, family trusts, private charitable foundations and estates.

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