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Colabor ( (TSE:GCL) ) has provided an update.
Colabor Group Inc. has announced a cybersecurity incident that impacted its internal IT systems. The company has engaged cybersecurity experts to contain and remediate the situation and is conducting an investigation to assess the full scope and impact of the incident. The incident may cause disruptions until systems are fully restored.
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. The company offers specialty food products such as fish, seafood, and meat through its Broadline activities.
Average Trading Volume: 44,628
Technical Sentiment Signal: Buy
Current Market Cap: C$95.9M
For a thorough assessment of GCL stock, go to TipRanks’ Stock Analysis page.