BMO Capital Maintains Their Hold Rating on BMTC Group Inc. (GBT)

BMTC Group Inc. (GBTResearch Report) has received a rating update from a Wall Street analyst today. The Services company, BMTC Group Inc. (TSX: GBT) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Macleod is ranked #492 out of 5546 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for BMTC Group Inc. with a C$13 average price target.

Based on BMTC Group Inc.’s latest earnings release for the quarter ending July 31, the company reported a quarterly net profit of C$13.48 million. In comparison, last year the company had a net profit of C$16.93 million.

BMTC Group, Inc. manages and operates furniture, household and electronic appliance retail sales networks in Quebec. The company operates through the following business divisions: Brault & Martineau, and EconoMax. It sells its products through a network of stores. BMTC Group was founded on September 5, 1989 and is headquartered in Montreal East, Canada.

The company’s shares closed last Wednesday at C$10.48, close to its 52-week low of C$10.39.