Stifel Nicolaus Reaffirms Their Buy Rating on Groupe Dynamite Inc. (GRGD)
Stifel Nicolaus analyst Martin Landry maintained a Buy rating on Groupe Dynamite Inc. today and set a price target of C$102.00.
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Landry covers the Consumer Cyclical sector, focusing on stocks such as Alimentation Couche-Tard Inc, Aritzia, and BRP. According to TipRanks, Landry has an average return of 25.6% and a 60.45% success rate on recommended stocks.
In addition to Stifel Nicolaus, Groupe Dynamite Inc. also received a Buy from UBS’s Mauricio Serna in a report issued yesterday. However, on January 4, TipRanks – Anthropic downgraded Groupe Dynamite Inc. (TSX: GRGD) to a Hold.
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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- Groupe Dynamite initiated with a Buy at UBS
- Groupe Dynamite price target raised to C$99 from C$96 at Canaccord
- Groupe Dynamite price target raised to C$100 from C$95 at RBC Capital
- Groupe Dynamite price target raised to C$98 from C$97 at BMO Capital
- Groupe Dynamite Inc.: Raising Estimates and Target Price on Strengthening Sales, Margin Expansion, and International Growth
