Global Education Communities (TSE:GEC) PT Set at C$1.09 by Fundamental Research

Global Education Communities (TSE:GEC) has been assigned a C$1.09 target price by research analysts at Fundamental Research in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price target would suggest a potential upside of 190.67% from the stock’s previous close.

Separately, Atrium Research upgraded shares of Global Education Communities to a “strong-buy” rating in a research report on Monday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, Global Education Communities currently has a consensus rating of “Strong Buy” and a consensus price target of C$1.09.

Global Education Communities Trading Up 2.7%

Shares of GEC stock traded up C$0.01 during mid-day trading on Tuesday, hitting C$0.38. The stock had a trading volume of 6,557 shares, compared to its average volume of 56,427. The firm has a market cap of C$25.66 million, a price-to-earnings ratio of 1.29 and a beta of 1.29. The company has a 50-day simple moving average of C$0.36. Global Education Communities has a fifty-two week low of C$0.16 and a fifty-two week high of C$0.48.

About Global Education Communities

Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and the global education markets. The Company owns business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad.