Is Gluskin Sheff + Associates Inc a Sell? The Stock Declines Again

 Is Gluskin Sheff + Associates Inc a Sell? The Stock Declines Again

The stock of Gluskin Sheff + Associates Inc (TSE:GS) is a huge mover today! About 41,315 shares traded hands. Gluskin Sheff + Associates Inc (TSE:GS) has declined 12.98% since April 12, 2016 and is downtrending. It has underperformed by 17.67% the S&P500.
The move comes after 6 months negative chart setup for the $456.00 million company. It was reported on Nov, 16 by Barchart.com. We have $12.86 PT which if reached, will make TSE:GS worth $50.16 million less.

Gluskin Sheff + Associates Inc (TSE:GS) Ratings Coverage

Out of 7 analysts covering Gluskin Sheff and Associates (TSE:GS), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. $29.50 is the highest target while $16 is the lowest. The $19.13 average target is 32.39% above today’s ($14.45) stock price. Gluskin Sheff and Associates has been the topic of 31 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Gluskin Sheff + Associates Inc (TSE:GS) earned “Hold” rating by Canaccord Genuity on Monday, September 19. The stock has “Sector Perform” rating given by National Bank Canada on Friday, November 13. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, October 7. The stock of Gluskin Sheff + Associates Inc (TSE:GS) has “Outperform” rating given on Thursday, February 4 by RBC Capital Markets. The firm earned “Sector Perform” rating on Friday, September 16 by RBC Capital Markets. The firm earned “Buy” rating on Friday, November 11 by TD Securities. Scotia Capital maintained Gluskin Sheff + Associates Inc (TSE:GS) rating on Friday, November 11. Scotia Capital has “Outperform” rating and $20.50 price target. The stock has “Hold” rating given by Desjardins Securities on Monday, September 21.

Another recent and important Gluskin Sheff + Associates Inc (TSE:GS) news was published by Finance.Yahoo.com which published an article titled: “Gluskin Sheff + Associates Inc. Announces September 30, 2016 Assets Under …” on October 17, 2016.

Gluskin Sheff + Associates Inc. is a wealth management firm serving high net worth private clients and institutional investors. The company has a market cap of $456.00 million. The Firm provides discretionary investment management services. It has a 12.98 P/E ratio. It provides private client services to high net worth investors, including entrepreneurs, family trusts, private charitable foundations and estates.

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