Groupe Dynamite Inc. (GRGD) Gets a Buy from Stifel Nicolaus
Stifel Nicolaus analyst Martin Landry maintained a Buy rating on Groupe Dynamite Inc. today and set a price target of C$96.00.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
According to TipRanks, Landry is a 5-star analyst with an average return of 23.9% and a 59.29% success rate.
In addition to Stifel Nicolaus, Groupe Dynamite Inc. also received a Buy from Scotiabank’s John Zamparo in a report issued today. However, on December 3, Scotiabank maintained a Hold rating on Groupe Dynamite Inc. (TSX: GRGD).
Based on Groupe Dynamite Inc.’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of C$226.66 million and a net profit of C$27.34 million. In comparison, last year the company earned a revenue of C$188.88 million and had a net profit of C$23.94 million
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is neutral on the stock.
Read More on TSE:GRGD:
Disclaimer & DisclosureReport an Issue
- Groupe Dynamite upgraded to Outperform from Sector Perform at Scotiabank
- Groupe Dynamite price target raised to C$110 from C$88 at Barclays
- Groupe Dynamite Reports Record Q3 Results and Raises Guidance
- Groupe Dynamite price target raised to C$88 from C$61 at Barclays
- GRGD Upcoming Earnings Report: What to Expect?
