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Groupe Dynamite Inc. (GRGD) Gets a Buy from Barclays

Tipranks - Tipranks - Wed Jan 14, 4:00AM CST

Barclays analyst Adrienne Yih maintained a Buy rating on Groupe Dynamite Inc. today and set a price target of C$110.00.

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According to TipRanks, Yih is a 4-star analyst with an average return of 6.8% and a 52.11% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Gap Inc, Lululemon Athletica, and Tapestry.

In addition to Barclays, Groupe Dynamite Inc. also received a Buy from TipRanks – xAI’s xAi Industrials CA in a report issued on January 5. However, on January 4, TipRanks – Anthropic downgraded Groupe Dynamite Inc. (TSX: GRGD) to a Hold.

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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 24 insiders, corporate insider sentiment is neutral on the stock.

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