Gluskin Sheff + Associates Inc (TSE:GS) had its price objective lowered by CIBC from C$20.00 to C$19.00 in a report released on Friday.

Several other equities analysts also recently weighed in on GS. Royal Bank Of Canada reissued a sector perform rating and set a C$20.00 target price on shares of Gluskin Sheff + Associates in a research report on Friday, September 16th. TD Securities reissued a buy rating and set a C$20.00 target price on shares of Gluskin Sheff + Associates in a research report on Monday, July 18th. Canaccord Genuity reissued a hold rating and set a C$18.00 target price on shares of Gluskin Sheff + Associates in a research report on Monday, September 19th. Desjardins cut their target price on Gluskin Sheff + Associates from C$19.00 to C$18.50 and set a hold rating on the stock in a research report on Wednesday, October 26th. Finally, Scotiabank cut their target price on Gluskin Sheff + Associates from C$23.00 to C$22.00 and set an outperform rating on the stock in a research report on Friday, September 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of C$19.13.

Gluskin Sheff + Associates (TSE:GS) opened at 14.68 on Friday. The firm has a 50-day moving average price of $15.73 and a 200-day moving average price of $16.84. Gluskin Sheff + Associates has a 12-month low of $14.41 and a 12-month high of $23.50. The company has a market cap of $435.60 million and a P/E ratio of 13.35.

In other news, insider David Roy Morris bought 1,789 shares of the stock in a transaction on Tuesday, September 6th. The stock was acquired 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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