A statement released earlier today by TD Securities about Gluskin Sheff Associates (TSE:GS) bumps down the target price to $20.00
- Updated: September 19, 2016
Displaying a price of $16.67, Gluskin Sheff Associates (TSE:GS) traded 0.71% lower on the day. With the last stock price down 5.78% from the 200-day average, compared with the S&P 500 Index which has fallen -0.01% over the same period. Gluskin Sheff Associates has registered a 50-day moving average of $18.16 and 200-day average of $17.69. 101,114 shares of Gluskin Sheff Associates were exchanged, up from ann avg. volume of 56,746
In a report released on 9/19/2016 TD Securities fell the target price of Gluskin Sheff Associates (TSE:GS) from $21 to $20 reporting a possible upsideof 0.20%.
Previously on 9/16/2016, Desjardins Securities released a statement on Gluskin Sheff Associates(TSE:GS) bumped the target price from $0.00 to $19.00. At the time, this suggested an upside of 0.12%.
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A total of 8 brokerages have issued a ratings update on GS. Zero rate the company a strong buy, 0 rate the company a buy, 0 analysts rate the company a hold, 0 rate the company to underperform, and finally 0 analystsrate the stock as sell with a 12-month target stock price of $15.88
Gluskin Sheff Associates has a PE of 12 with a one-year low of $14.81 and a one-year high of $23.93 and has a market capitalization of $0.0.
Brief Synopsis About Gluskin Sheff Associates (TSE:GS)
Gluskin Sheff + Associates Inc. is a wealth management company, which is engaged in providing investment management services for high net worth private clients in Canada and abroad. The Company offers its clients various investment strategies across equity, fixed income and alternative asset classes. The Company provides wealth management services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations and estates, and also serves number of institutions as clients. In addition to high net worth individuals, it offers asset management services to family offices, foundations, endowments and both public and private pensions around the world. The Company derives its revenue mainly from Base Management Fees, calculated as a percentage of assets under management (AUM), and Performance Fees, and calculated annually as a percentage of the change in net asset values. The Company’s subsidiary includes BFAM Holdings Inc.
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