A statement released earlier today by Scotia Capital about GMP Capital (TSE:GMP) bumps the target price to $5.00
- Updated: September 29, 2016
Scotia Capital bumped up the target of GMP Capital (TSE:GMP) to $5.00 stating a potential downside of -0.01%.
On 07/29/2015, CIBC World Markets released a statement for GMP Capital (TSE:GMP) bumped down the target price from $6.00 to $5.00 that suggested an upside of 0.01%.
Boasting a price of $5.05, GMP Capital (TSE:GMP) traded 2.64% higher on the day. With the last stock price close up 0.38% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. GMP Capital has recorded a 50-day average of $4.88 and a two hundred day average of $5.03. Volume of trade was down over the average, with 1,400 shares of GMP changing hands under the typical 15,292
With a total market value of $0, GMP Capital has with a one year low of $3.50 and a one year high of $5.49 .
A total of 2 equity analysts have released a ratings update on GMP. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $4.21.
Brief Synopsis About GMP Capital (TSE:GMP)
GMP Capital Inc. (GMP) is a diversified financial services firm. The Company provides a range of financial products and services to a client base that includes corporate clients, institutional investors and high-net-worth individuals in two integrated segments. The Company operates in two segments: Capital Markets and Wealth Management. The Capital Markets segment provides investment banking, including advisory and underwriting services, institutional research and sales and trading serving corporate and institutional clients. The Wealth Management segment includes the Company's non-controlling ownership interest in Richardson GMP Limited (Richardson GMP). This segment also includes dividend revenue recognized by GMP on its investment in Richardson GMP Preference Shares following dividend declarations made by Richardson GMP from time to time. GMPSecurities L.P., GMP Securities, LLC, Griffiths McBurney Corp. and GMP Securities Europe LLP are the subsidiaries of the Company.
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