Gluskin Sheff + Associates Inc (TSE:GS) had its price target decreased by research analysts at Royal Bank Of Canada from C$19.00 to C$17.00 in a research report issued to clients and investors on Friday. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 17.00% from the stock’s previous close.

GS has been the topic of several other reports. CIBC dropped their price target on shares of Gluskin Sheff + Associates from C$21.00 to C$20.00 in a research note on Monday, September 19th. Canaccord Genuity reiterated a “hold” rating and issued a C$18.00 price target on shares of Gluskin Sheff + Associates in a research note on Monday, September 19th. TD Securities dropped their price target on shares of Gluskin Sheff + Associates from C$21.00 to C$20.00 and set a “buy” rating on the stock in a research note on Monday, September 19th. Desjardins dropped their price target on shares of Gluskin Sheff + Associates from C$20.00 to C$19.00 and set a “hold” rating on the stock in a research note on Friday, September 16th. Finally, Scotiabank dropped their price target on shares of Gluskin Sheff + Associates from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Friday, September 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of C$19.13.

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

Gluskin Sheff + Associates (TSE:GS) opened at 14.53 on Friday. The company has a 50 day moving average of $15.78 and a 200 day moving average of $16.86. Gluskin Sheff + Associates has a 1-year low of $14.41 and a 1-year high of $23.50. The firm has a market capitalization of $431.15 million and a PE ratio of 13.21.

In other news, insider David Roy Morris acquired 1,789 shares of the stock in a transaction that occurred on Tuesday, September 6th. The shares were purchased at an average cost of C$19.23 per share, for a total transaction of C$34,402.47.

About Gluskin Sheff + Associates

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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