TD Securities Raises Colabor Group (TSE:GCL) Price Target to C$0.65

Colabor Group (TSE:GCL) had its price objective increased by TD Securities from C$0.55 to C$0.65 in a research note published on Monday, May 6th, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Shares of TSE GCL traded up C$0.02 during mid-day trading on Monday, hitting C$0.81. The company had a trading volume of 53,995 shares, compared to its average volume of 110,979. The stock has a market capitalization of $76.90 million and a price-to-earnings ratio of -31.15. The company has a debt-to-equity ratio of 123.23, a current ratio of 1.79 and a quick ratio of 0.89. Colabor Group has a one year low of C$0.35 and a one year high of C$0.82.

Colabor Group (TSE:GCL) last announced its quarterly earnings data on Thursday, May 2nd. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$235.05 million during the quarter. On average, sell-side analysts expect that Colabor Group will post 0.0799999947540987 EPS for the current year.

Colabor Group Company Profile

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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