Colabor Group (TSE:GCL) Price Target Raised to C$1.25

Colabor Group (TSE:GCL) had its target price hoisted by TD Securities from C$0.65 to C$1.25 in a research note issued to investors on Wednesday, July 31st, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

GCL traded up C$0.02 during midday trading on Wednesday, reaching C$0.66. The company’s stock had a trading volume of 141,700 shares, compared to its average volume of 161,627. The stock has a market cap of $66.78 million and a P/E ratio of 12.69. The company has a fifty day simple moving average of C$0.96 and a 200 day simple moving average of C$0.72. The company has a current ratio of 1.76, a quick ratio of 0.98 and a debt-to-equity ratio of 100.17. Colabor Group has a twelve month low of C$0.35 and a twelve month high of C$1.08.

About Colabor Group

Colabor Group Inc, together with its subsidiaries, distributes and markets food and food-related products in Canada. It operates through two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, fish, seafood, fruits and vegetables, disposables, and sanitation products.

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