Colabor Group (TSE:GCL) Given New C$1.50 Price Target at Raymond James Financial

Key Points

• Raymond James Financial has reduced the price target for Colabor Group from C$1.80 to C$1.50, maintaining an "outperform" rating.
• The stock of Colabor Group has experienced a modest increase of 1.2%, trading at C$0.83, with a market capitalization of C$81.68 million.
• Company insider Robert John Briscoe sold 100,000 shares at an average price of C$0.80, indicating significant insider activity within the firm.

Colabor Group (TSE:GCL - Get Free Report) had its target price cut by Raymond James Financial from C$1.80 to C$1.50 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. Raymond James Financial's price target indicates a potential upside of 85.19% from the stock's previous close. Raymond James Financial also issued estimates for Colabor Group's Q3 2025 earnings at ($0.05) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.12) EPS and FY2026 earnings at $0.03 EPS.

Colabor Group Stock Performance

GCL traded down C$0.02 during trading on Monday, hitting C$0.81. The stock had a trading volume of 58,425 shares, compared to its average volume of 95,453. The company has a 50 day moving average price of C$0.87 and a 200-day moving average price of C$0.89. The firm has a market cap of C$79.71 million, a price-to-earnings ratio of 89.05, a P/E/G ratio of 0.61 and a beta of 0.83. Colabor Group has a one year low of C$0.70 and a one year high of C$1.52. The company has a debt-to-equity ratio of 153.61, a current ratio of 1.62 and a quick ratio of 0.76.

Insider Activity

In related news, insider Robert John Briscoe sold 100,000 shares of Colabor Group stock in a transaction on Friday, July 25th. The stock was sold at an average price of C$0.80, for a total transaction of C$80,000.00. 25.04% of the stock is owned by insiders.

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.