Guardian Capital Group (TSE:GCG.A) Price Target Lowered to C$50.00 at BMO Capital Markets

Guardian Capital Group (TSE:GCG.A) had its target price cut by research analysts at BMO Capital Markets from C$56.00 to C$50.00 in a research note issued to investors on Monday, BayStreet.CA reports. The firm currently has an “outperform” rating on the financial services provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 16.28% from the company’s current price.

Separately, Scotiabank boosted their target price on shares of Guardian Capital Group from C$55.00 to C$56.00 in a report on Wednesday, July 24th.

Guardian Capital Group Trading Up 0.3 %

Guardian Capital Group stock traded up C$0.14 during mid-day trading on Monday, reaching C$43.00. 5,600 shares of the company traded hands, compared to its average volume of 5,361. The company has a debt-to-equity ratio of 13.52, a current ratio of 0.80 and a quick ratio of 0.64. The firm’s 50 day moving average price is C$43.38 and its 200 day moving average price is C$46.11. The firm has a market capitalization of C$963.20 million, a price-to-earnings ratio of 17.70, a P/E/G ratio of -22.04 and a beta of 1.11. Guardian Capital Group has a 52-week low of C$39.40 and a 52-week high of C$52.83.

About Guardian Capital Group

Guardian Capital Group Limited, together with its subsidiaries, operates as a diversified financial services company in Canada, the United Kingdom, the United States, and the Caribbean. It manages institutional assets for pension plans, insurers, foundations, endowments, third-party mutual funds, and ETFs; and provides private wealth management services to individuals, families, and charitable organizations.