New Look Vision Group Inc (TSE:BCI) Given New C$37.00 Price Target at Canaccord Genuity
New Look Vision Group Inc (TSE:BCI) had its price objective increased by investment analysts at Canaccord Genuity from C$33.00 to C$37.00 in a research report issued to clients and investors on Wednesday, July 5th. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 7.93% from the stock’s previous close.
New Look Vision Group (TSE BCI) traded down 0.09% during mid-day trading on Wednesday, hitting $34.25. 1,200 shares of the stock traded hands. The company has a market cap of $465.49 million and a price-to-earnings ratio of 44.48. New Look Vision Group has a 12-month low of $25.30 and a 12-month high of $34.64. The firm’s 50-day moving average is $32.58 and its 200-day moving average is $29.71.
In related news, insider Caroline Rouleau sold 2,420 shares of New Look Vision Group stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of C$28.70, for a total value of C$69,454.00. Insiders sold 3,520 shares of company stock valued at $101,539 over the last ninety days.
New Look Vision Group Company Profile
New Look Vision Group Inc is a Canada-based provider of eye care products and services. The Company’s products include sunglasses, eyeglasses, ophthalmic glasses and contact lenses. It has four main banners: New Look Eyewear, Vogue Optical, Greiche & Scaff and iVision. New Look Eyewear banner operates over 80 stores in the major cities of the province of Quebec and in the Ottawa Region.
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