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Raymond James Financial Lowers Colabor Group (TSE:GCL) Price Target to C$1.50

Colabor Group logo with Consumer Defensive background

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.
  • Looking to export and analyze Colabor Group data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Colabor Group (TSE:GCL - Get Free Report) had its target price dropped by Raymond James Financial from C$1.80 to C$1.50 in a research report issued on Monday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Raymond James Financial's price target suggests a potential upside of 97.37% 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 Trading Down 2.6%

Shares of TSE:GCL traded down C$0.02 during trading on Monday, reaching C$0.76. 81,561 shares of the company were exchanged, compared to its average volume of 97,170. The firm has a market capitalization of C$74.79 million, a PE ratio of 83.55, a P/E/G ratio of 0.61 and a beta of 0.83. The business's fifty day simple moving average is C$0.87 and its 200-day simple moving average is C$0.89. Colabor Group has a 12-month low of C$0.70 and a 12-month 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 at Colabor Group

In related news, insider Robert John Briscoe sold 100,000 shares of Colabor Group stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of C$0.80, for a total transaction of C$80,000.00. Company insiders own 25.04% of the company's stock.

Colabor Group Company Profile

(Get Free Report)

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.

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