Colabor Group (TSE:GCL) Given New C$2.00 Price Target at Desjardins

Colabor Group (TSE:GCL) had its price objective boosted by Desjardins from C$1.85 to C$2.00 in a research report sent to investors on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Colabor Group Price Performance

GCL opened at C$0.93 on Thursday. Colabor Group has a twelve month low of C$0.79 and a twelve month high of C$1.52. The firm has a market cap of C$91.52 million, a price-to-earnings ratio of 102.24, a PEG ratio of 0.61 and a beta of 0.83. The company has a current ratio of 1.62, a quick ratio of 0.76 and a debt-to-equity ratio of 153.61. The company has a fifty day simple moving average of C$0.89 and a 200 day simple moving average of C$1.08.

Colabor Group Company Profile

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