Colabor Group Upgraded to “Outperform” by Scotiabank (GCL) - InvestingChannel

Colabor Group Upgraded to “Outperform” by Scotiabank (GCL)

A number of other firms have also recently commented on GCL. Analysts at Desjardins upgraded shares of Colabor Group from a ?sell? rating to a ?hold? rating in a research note to investors on Tuesday, February 5th. Separately, analysts at TD Securities downgraded shares of Colabor Group from a ?buy? rating to a ?hold? rating in a research note to investors on Tuesday, January 29th. They now have a $8.50 price target on the stock, down previously from $9.50.

Shares of Colabor Group opened at 7.63 on Friday. Colabor Group has a 52 week low of $6.85 and a 52 week high of $11.70. The stock?s 50-day moving average is currently $7.99. The company has a market cap of $176.4 million and a P/E ratio of 24.12.

Colabor Group Inc. (Colabor) distributes and markets food and food-related products in Canada. During the year ended December 31, 2010, the Company operated in three distinct divisions: the Boucherville Division, the Summit Division and the Bertrand Division.