BMO Capital Markets Forecasts Strong Price Appreciation for Guardian Capital Group (TSE:GCG.A) Stock

Guardian Capital Group (TSE:GCG.A) had its price target upped by research analysts at BMO Capital Markets from C$50.00 to C$51.00 in a report released on Thursday,BayStreet.CA reports. BMO Capital Markets’ price objective suggests a potential upside of 23.40% from the stock’s previous close.

Guardian Capital Group Stock Performance

Guardian Capital Group stock opened at C$41.33 on Thursday. The stock’s 50-day moving average is C$40.87 and its 200-day moving average is C$41.83. The company has a market cap of C$918.35 million, a price-to-earnings ratio of 17.01, a price-to-earnings-growth ratio of -22.04 and a beta of 1.11. Guardian Capital Group has a 12 month low of C$38.74 and a 12 month high of C$52.83. The company has a debt-to-equity ratio of 14.28, a current ratio of 1.03 and a quick ratio of 0.64.

About Guardian Capital Group

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.