Andrew Peller (TSE:ADW) Lifted to “Strong-Buy” at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Andrew Peller (TSE:ADW) to a strong-buy rating in a research report sent to investors on Monday morning, Zacks.com reports.

Andrew Peller Stock Performance

Andrew Peller has a one year low of C$10.40 and a one year high of C$19.04.

Andrew Peller (TSE:ADW) last released its quarterly earnings results on Wednesday, August 7th. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$99.47 million for the quarter.

Andrew Peller Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Monday, September 30th will be issued a $0.062 dividend. This represents a $0.25 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Friday, September 27th.

Insider Activity at Andrew Peller

In other news, Director Lori Constance Covert sold 13,000 shares of Andrew Peller stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$4.03, for a total transaction of C$52,416.00. Following the sale, the director now directly owns 750 shares in the company, valued at approximately C$3,024. The trade was a 0.00 % decrease in their position. Over the last 90 days, insiders sold 60,000 shares of company stock worth $238,428.

Andrew Peller Company Profile

Andrew Peller Ltd is a Canada-based company, which produces and markets wine and wine related products. The Company’s brands include Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Conviction, Red Rooster, Peller Estates French Cross, Peller Estates Proprietors Reserve, Copper Moon, Black Cellar, XOXO, skinnygrape, Hochtaler, Domaine D’Or, Schloss Laderheim, Royal and Sommet.