Desjardins Forecasts Strong Price Appreciation for Colabor Group (TSE:GCL) Stock

Colabor Group (TSE:GCL) had its price target increased by equities research analysts at 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 indicates a potential upside of 117.39% from the stock’s current price. 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 has a debt-to-equity ratio of 153.61, a quick ratio of 0.76 and a current ratio of 1.62. The firm has a market capitalization of C$90.54 million, a price-to-earnings ratio of 101.14, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83. Colabor Group has a one year low of C$0.79 and a one year high of C$1.52. The company has a 50 day moving average price of C$0.89 and a 200 day moving average price of C$1.08.

Colabor Group Company Profile

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.