10:33:44 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Great Canadian Gaming Corp
Symbol GC
Shares Issued 60,698,106
Close 2016-07-06 C$ 18.28
Market Cap C$ 1,109,561,378
Recent Sedar Documents

Globe says Intertain, others have room to grow

2016-07-06 06:21 ET - In the News

See In the News (C-IT) Intertain Group Ltd (The)

The Globe and Mail reports in its Wednesday edition that Intertain Group, Amaya and Great Canadian Gaming are anticipated to deliver solid returns over the next year. The Globe's Jennifer Dowty writes that she identified securities with the highest expected price returns using the average 12-month target prices from analysts as of June 30. In the consumer discretionary sector, the gambling subsector was a dominant theme with Intertain and Amaya taking the top two positions. Great Canadian Gaming came in fourth place with a forecasted one-year price return of 24 per cent, narrowly missing appearing on Ms. Dowty's list. Intertain is a favoured stock on the Street. Bloomberg's one-year price target of $23.29 is based on eight buy recommendations. Last week, management provided investors with an update on its strategic review stating that acquisition talks continue to advance. Intertain says last week's Brexit vote "has obviously caused significant disruption in the markets. ... Despite the Brexit vote, however, further discussions are expected to take place. Since the initial round of offers we received in May, work to complete due diligence in relation to the process has continued."

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