Colabor Group (TSE:GCL) Price Target Raised to C$2.00

Colabor Group (TSE:GCLFree Report) had its price objective lifted by Desjardins from C$1.85 to C$2.00 in a research report released on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Desjardins also issued estimates for Colabor Group’s FY2025 earnings at $0.03 EPS and FY2026 earnings at $0.08 EPS.

Colabor Group Trading Down 1.1 %

Shares of GCL opened at C$0.92 on Thursday. The stock’s 50-day moving average price is C$0.89 and its 200 day moving average price is C$1.07. The company has a quick ratio of 0.76, a current ratio of 1.62 and a debt-to-equity ratio of 153.61. The firm has a market capitalization of C$90.54 million, a price-to-earnings ratio of 101.14, a P/E/G ratio of 0.61 and a beta of 0.83. Colabor Group has a 12-month low of C$0.79 and a 12-month high of C$1.52.

Colabor Group Company Profile

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Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.

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