News coverage about Gluskin Sheff + Associates (TSE:GS) has trended positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gluskin Sheff + Associates earned a media sentiment score of 3.00 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 4 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
GS has been the topic of a number of recent analyst reports. CIBC raised their price target on shares of Gluskin Sheff + Associates from C$12.00 to C$14.25 in a report on Monday, March 25th. BMO Capital Markets raised their price objective on shares of Gluskin Sheff + Associates from C$10.00 to C$11.00 in a report on Friday, February 8th. Desjardins dropped their price objective on shares of Gluskin Sheff + Associates from C$12.50 to C$12.00 and set a “buy” rating on the stock in a report on Monday, February 4th. TD Securities reissued a “hold” rating and issued a C$12.00 price objective on shares of Gluskin Sheff + Associates in a report on Friday, February 8th. Finally, Royal Bank of Canada raised their price objective on shares of Gluskin Sheff + Associates from C$12.00 to C$14.25 and gave the stock a “sector perform” rating in a report on Monday, March 25th.
Shares of GS traded up C$0.01 on Friday, reaching C$14.23. The company’s stock had a trading volume of 210,900 shares, compared to its average volume of 220,302. The company has a market cap of $444.33 million and a price-to-earnings ratio of 17.57. Gluskin Sheff + Associates has a 12-month low of C$9.07 and a 12-month high of C$18.05.
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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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