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Groupe Dynamite Inc
Symbol GRGD
Shares Issued 15,698,285
Close 2025-10-30 C$ 71.31
Market Cap C$ 1,119,444,703
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Globe says Groupe Dynamite maintained at "buy"

2025-10-30 07:06 ET - In the News

The Globe and Mail reports in its Thursday edition that Stifel analyst Martin Landry has reiterated his "buy" ranking for Groupe Dynamite. The Globe's David Leeder writes in the Eye On Equities column that Mr. Landry's share target soared $28 to $80. Analysts on average target the shares at $59.08. Mr. Landry notes that Groupe Dynamite is entering a new phase as a publicly traded company, now attracting large-cap investors due to its strong share price performance since its initial public offering in November, 2024. Mr. Landry, citing increased visibility from credit and debit card data, which he says "suggests that Groupe Dynamite continues to have strong momentum in the United States," raised his third quarter earnings per share estimate by 15 per cent to 57 cents, which sets a new high on the Street tops the current consensus by four cents. His comparable sales growth assumption increases by 1,000 basis points to a growth 26-per-cent year-over-year, believing "Garage is currently gaining significant market share. ... We believe there is a good likelihood that Groupe Dynamite outperform expectations in Q3FY25." The Globe reported on Sept. 12 that Mr. Landry rated Groupe Dynamite "buy." It was then worth $52.02.

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