Desjardins Boosts Colabor Group (TSE:GCL) Price Target to C$2.00

Colabor Group (TSE:GCL) had its target price lifted by Desjardins from C$1.85 to C$2.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price objective points to a potential upside of 117.39% from the stock’s previous close. Desjardins also issued estimates for Colabor Group’s FY2025 earnings at $0.03 EPS and FY2026 earnings at $0.08 EPS.

Colabor Group Stock Performance

Shares of GCL stock opened at C$0.92 on Thursday. The company’s fifty day simple moving average is C$0.89 and its 200-day simple moving average is C$1.08. The company has a current ratio of 1.62, a quick ratio of 0.76 and a debt-to-equity ratio of 153.61. Colabor Group has a 52 week low of C$0.79 and a 52 week high of C$1.52. The company has a market cap of C$90.54 million, a PE ratio of 101.14, a P/E/G ratio of 0.61 and a beta of 0.83.

About Colabor Group

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.