Free Trial

CIBC Forecasts Strong Price Appreciation for Guardian Capital Group (TSE:GCG) Stock

Guardian Capital Group logo with Financial Services background
Remove Ads

Guardian Capital Group (TSE:GCG - Free Report) had its target price raised by CIBC from C$44.00 to C$47.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has a neutral rating on the financial services provider's stock.

Guardian Capital Group Stock Down 2.9 %

GCG traded down C$1.23 on Friday, reaching C$41.52. The company's stock had a trading volume of 4,210 shares, compared to its average volume of 1,306. The stock has a market cap of C$1.01 billion, a price-to-earnings ratio of 9.30 and a beta of 1.10. Guardian Capital Group has a 1 year low of C$39.47 and a 1 year high of C$51.59. The company has a debt-to-equity ratio of 14.08, a current ratio of 0.80 and a quick ratio of 0.64. The business's 50 day moving average is C$44.65 and its 200 day moving average is C$42.67.

Guardian Capital Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, January 17th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date of this dividend was Friday, January 10th. Guardian Capital Group's dividend payout ratio is presently 33.15%.

Guardian Capital Group Company Profile

(Get Free Report)

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.

Featured Articles

Should You Invest $1,000 in Guardian Capital Group Right Now?

Before you consider Guardian Capital Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Guardian Capital Group wasn't on the list.

While Guardian Capital Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Is There Still Money in AI? How to Invest in the Next Big Wave
AMD at Rock Bottom? Analysts Predict a MAJOR Rebound!
Massive Buybacks: 3 Stocks Insiders Are Buying Up

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads