Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Colabor ( (TSE:GCL) ) has issued an update.
Colabor Group Inc. announced the resignation of Ms. Danièle Bergeron from its Board of Directors following her acceptance of a position with another major company. The interim Chairman of the Board, Mr. Denis Mathieu, expressed gratitude for Ms. Bergeron’s valuable contributions to the company. This change in the board could signal a shift in company dynamics and may impact its strategic direction.
The most recent analyst rating on (TSE:GCL) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on Colabor stock, see the TSE:GCL Stock Forecast page.
Spark’s Take on TSE:GCL Stock
According to Spark, TipRanks’ AI Analyst, TSE:GCL is a Neutral.
Colabor’s overall stock score reflects its stable financial performance, highlighted by strong cash flow generation but offset by low net profitability and moderate ROE. The technical analysis indicates some bearish sentiment, with the stock trading below key moving averages. Although the valuation appears high, the recent strategic acquisition of Alimplus’s assets is a strong positive, potentially driving future growth and market expansion.
To see Spark’s full report on TSE:GCL stock, click here.
More about Colabor
Colabor is a distributor and wholesaler of food and related products, serving the hotel, restaurant, and institutional markets in Quebec and the Atlantic provinces, as well as the retail market. The company offers specialty food products such as meat, fish, and seafood, along with food and related products through its Broadline activities.
Average Trading Volume: 331,883
Technical Sentiment Signal: Sell
Current Market Cap: C$20.91M
Find detailed analytics on GCL stock on TipRanks’ Stock Analysis page.