Groupe BMTC (TSE:GBT) PT Lowered to C$13.00

Groupe BMTC (TSE:GBT) had its price target dropped by equities researchers at BMO Capital Markets from C$14.00 to C$13.00 in a research note issued on Wednesday, BayStreet.CA reports. BMO Capital Markets’ price target would suggest a potential upside of 25.00% from the stock’s previous close.

Shares of Groupe BMTC stock opened at C$10.40 on Wednesday. The company has a quick ratio of 0.21, a current ratio of 0.88 and a debt-to-equity ratio of 14.15. Groupe BMTC has a twelve month low of C$10.39 and a twelve month high of C$16.47. The stock has a market cap of $359.30 million and a price-to-earnings ratio of 9.77. The company’s fifty day moving average is C$10.73 and its 200 day moving average is C$12.99.

Groupe BMTC (TSE:GBT) last issued its quarterly earnings data on Thursday, June 13th. The company reported C($0.11) earnings per share for the quarter. The company had revenue of C$149.67 million for the quarter. As a group, equities analysts anticipate that Groupe BMTC will post 1.06 earnings per share for the current fiscal year.

Groupe BMTC Company Profile

BMTC Group Inc, through its subsidiary, Ameublements Tanguay Inc, manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company operates through two divisions, Brault & Martineau and EconoMax. It operates retail outlets in 34 locations in Quebec province.

Featured Story: What does the Dow Jones Industrial Average (DJIA) measure?

Receive News & Ratings for Groupe BMTC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Groupe BMTC and related companies with MarketBeat.com's FREE daily email newsletter.