Barclays Keeps Their Buy Rating on Groupe Dynamite Inc. (GRGD)

In a report released today, Adrienne Yih from Barclays maintained a Buy rating on Groupe Dynamite Inc., with a price target of C$118.00.

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According to TipRanks, Yih is a 4-star analyst with an average return of 3.0% and a 46.18% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Nike, Ralph Lauren, and Lululemon Athletica.

In a report released on March 20, Stifel Nicolaus also maintained a Buy rating on the stock with a C$102.00 price target.

Based on Groupe Dynamite Inc.’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of C$362.97 million and a net profit of C$81.51 million. In comparison, last year the company earned a revenue of C$258.77 million and had a net profit of C$40.44 million

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GRGD in relation to earlier this year.