Colabor Group (TSE:GCL) Price Target Cut to C$1.50 by Analysts at Desjardins

Key Points

• Desjardins has reduced its target price for Colabor Group's stock from C$1.75 to C$1.50, while maintaining a "buy" rating, indicating a potential upside of 80.72% from the current price.
• Raymond James Financial also lowered its price target on Colabor Group from C$1.80 to C$1.50 and assigned an "outperform" rating.
• Colabor Group's stock saw a modest increase, trading at C$0.83 with a market cap of C$81.68 million and a notable debt-to-equity ratio of 153.61.

Colabor Group (TSE:GCL - Free Report) had its price objective reduced by Desjardins from C$1.75 to C$1.50 in a report issued on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Colabor Group's Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.10) EPS and FY2026 earnings at $0.00 EPS.

Separately, Raymond James Financial lowered their price objective on shares of Colabor Group from C$1.80 to C$1.50 and set an "outperform" rating for the company in a research note on Monday.

Colabor Group Stock Performance

Shares of TSE:GCL traded down C$0.02 on Monday, hitting C$0.76. 81,561 shares of the company were exchanged, compared to its average volume of 97,170. Colabor Group has a 1-year low of C$0.70 and a 1-year high of C$1.52. The stock's 50 day moving average price is C$0.87 and its 200 day moving average price is C$0.89. The company has a current ratio of 1.62, a quick ratio of 0.76 and a debt-to-equity ratio of 153.61. The firm has a market capitalization of C$74.79 million, a P/E ratio of 83.55, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83.

Insiders Place Their Bets

In other news, insider Robert John Briscoe sold 100,000 shares of the business's stock in a transaction dated Friday, July 25th. The shares were sold at an average price of C$0.80, for a total transaction of C$80,000.00. Insiders own 25.04% of the company's stock.

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.