Gluskin Sheff + Associates (TSE:GS) had its price objective raised by CIBC from C$17.00 to C$19.00 in a report released on Friday morning.

A number of other research firms also recently commented on GS. Desjardins reaffirmed a hold rating on shares of Gluskin Sheff + Associates in a research report on Monday, May 14th. Scotiabank increased their target price on shares of Gluskin Sheff + Associates from C$18.00 to C$19.00 and gave the company a sector perform rating in a research report on Wednesday, May 16th. Finally, BMO Capital Markets increased their target price on shares of Gluskin Sheff + Associates from C$16.00 to C$17.00 in a research report on Tuesday, May 15th. Five investment analysts have rated the stock with a hold rating, The company presently has an average rating of Hold and a consensus price target of C$17.70.

TSE GS opened at C$17.41 on Friday. Gluskin Sheff + Associates has a 12 month low of C$14.15 and a 12 month high of C$19.20.

Gluskin Sheff + Associates (TSE:GS) last posted its earnings results on Monday, May 14th. The company reported C$0.22 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.20 by C$0.02. The firm had revenue of C$28.69 million for the quarter. Gluskin Sheff + Associates had a net margin of 33.66% and a return on equity of 70.32%.

In related news, Director Wilfred Arthur Gobert bought 9,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 27th. The shares were purchased at an average cost of C$16.54 per share, with a total value of C$148,860.00.

Gluskin Sheff + Associates Company Profile

Gluskin Sheff + Associates Inc is a publicly owned investment manager. The firm also provides wealth management services. It primarily provides its services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations, pension and profit sharing plans, pooled investment vehicles, charitable organizations , corporations, institutions, insurance companies, and estates.

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Analyst Recommendations for Gluskin Sheff + Associates (TSE:GS)

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