BMTC Group Names Louis-Philippe Auger President of Tanguay Division

BMTC Group Inc. ( (TSE:GBT) ) has issued an update.

BMTC Group Inc. has appointed long-time executive Louis-Philippe Auger as President of its Tanguay division, recognizing his 26-year tenure, prior role as vice-president and significant contributions to the division’s growth and provincial expansion. He succeeds Charles Tanguay, who is stepping down after successfully leading the rollout of Tanguay stores across Quebec, and the leadership transition is intended to sustain the division’s growth trajectory and support the execution of BMTC’s broader strategic plans.

The most recent analyst rating on (TSE:GBT) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on BMTC Group Inc. stock, see the TSE:GBT Stock Forecast page.

Spark’s Take on TSE:GBT Stock

According to Spark, TipRanks’ AI Analyst, TSE:GBT is a Neutral.

The score is driven primarily by mixed financial quality: strong top-line growth and a very low-debt balance sheet are outweighed by weakened profitability and especially weak/volatile cash flow conversion. Technicals are supportive with price above major moving averages and positive MACD, and valuation appears reasonable with a moderate P/E and a ~2.6% dividend yield.

To see Spark’s full report on TSE:GBT stock, click here.

More about BMTC Group Inc.

BMTC Group Inc., listed on the Toronto Stock Exchange and governed by the Business Corporations Act (Quebec), operates a retail network of furniture, household appliances and electronic products across Quebec, while also managing a real estate division. The company’s operations are primarily conducted through its Tanguay division and related subsidiaries, including Le Corbusier-Concorde S.E.C., Commandité Le Corbusier-Concorde Inc. and 9519-2340 Québec Inc.

Average Trading Volume: 3,203

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$437.9M

See more data about GBT stock on TipRanks’ Stock Analysis page.