The Globe and Mail reports in its Wednesday, Feb. 1, edition that Canaccord Genuity analyst Derek Dley says Great Canadian Gaming ($25.43) is "well positioned for growth." The Globe's David Leeder writes in the Eye On Equities column that Mr. Dley rates Great Canadian "buy" in new coverage. He set a share target of $31. Analysts on average target the shares at $29. Great Canadian is Canada's largest gaming and entertainment operator with 20 properties and more than 5,500 employees. Mr. Dley says in a note: "In our view, Great Canadian has a successful history in driving top-line and margin growth through facility renovation and expansion, with numerous upgrades to both the River Rock and Hard Rock casinos over the last five years having resulted in strong EBITDA growth at these facilities. The company intends to refresh the gaming floor at View Royal during 2017, while adding ancillary facilities at the property, which should result in incremental EBITDA at View Royal over the course of our forecast period. Despite our expectation for elevated capital expenditures in the near term, we forecast robust free cash flow generation over the course of our forecast period."