Great Canadian Gaming Corp (TSE:GC) – Investment analysts at Cormark dropped their FY2018 earnings per share estimates for shares of Great Canadian Gaming in a report issued on Monday. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings per share of $1.50 for the year, down from their previous estimate of $1.71. Cormark also issued estimates for Great Canadian Gaming’s FY2019 earnings at $1.65 EPS.

GC has been the subject of a number of other reports. Canaccord Genuity dropped their price objective on shares of Great Canadian Gaming from C$39.00 to C$38.00 in a research note on Monday, November 13th. Scotiabank raised their price objective on shares of Great Canadian Gaming from C$35.00 to C$38.00 and gave the stock a “sector perform” rating in a research note on Wednesday, December 20th. TD Securities raised their price objective on shares of Great Canadian Gaming from C$36.00 to C$37.00 and gave the stock a “hold” rating in a research note on Wednesday, December 20th. Royal Bank of Canada raised their price objective on shares of Great Canadian Gaming from C$40.00 to C$42.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 20th. Finally, National Bank Financial dropped their price objective on shares of Great Canadian Gaming from C$8.25 to C$8.00 and set a “sector perform” rating for the company in a research note on Thursday, February 1st. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of C$31.33.

Shares of Great Canadian Gaming (TSE GC) traded down C$0.08 during trading on Tuesday, reaching C$34.20. 16,470 shares of the company’s stock were exchanged, compared to its average volume of 100,407. Great Canadian Gaming has a 12 month low of C$22.50 and a 12 month high of C$38.00. The stock has a market capitalization of $2,120.00, a PE ratio of 24.46 and a beta of 0.31.

In other Great Canadian Gaming news, insider Bruce Barbour sold 1,200 shares of Great Canadian Gaming stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of C$35.10, for a total value of C$42,120.00. Also, insider Christopher Merrill Roberts sold 11,667 shares of Great Canadian Gaming stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of C$35.71, for a total transaction of C$416,628.57.

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About Great Canadian Gaming

Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia and Washington State. The Company has approximately 20 gaming properties, consisting of over three community gaming centers, four racetracks and 10 casinos, including over two with a Four Diamond resort hotel.

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