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Colabor ( (TSE:GCL) ) has provided an announcement.
Colabor Group Inc. has appointed Yanick Blanchard as Interim Senior Vice-President and Chief Financial Officer. Blanchard, with over 25 years of corporate finance experience, is expected to contribute significantly to Colabor’s optimization and growth plan. His previous roles include Executive Vice-President at National Bank of Canada, where he oversaw investment banking and corporate growth strategies. This appointment underscores Colabor’s commitment to strengthening its financial leadership while continuing the search for a permanent CFO.
The most recent analyst rating on (TSE:GCL) stock is a Buy with a C$1.85 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. It offers specialty food products such as fish, seafood, and meat through its Broadline activities.
Average Trading Volume: 44,218
Technical Sentiment Signal: Hold
Current Market Cap: C$94.88M
Learn more about GCL stock on TipRanks’ Stock Analysis page.