CIBC Reiterates Their Buy Rating on Associated Capital Group Inc (AC)

CIBC analyst Kevin Chiang reiterated a Buy rating on Associated Capital Group Inc (ACResearch Report) on October 16 and set a price target of C$54.00. The company’s shares closed last Monday at $36.02.

According to TipRanks.com, Chiang is ranked #373 out of 5558 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Associated Capital Group Inc with a $40.37 average price target.

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The company has a one-year high of $46.86 and a one-year low of $32.00. Currently, Associated Capital Group Inc has an average volume of 5,807.

Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AC in relation to earlier this year.

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Associated Capital Group, Inc. provides alternative investment management, institutional research and underwriting services. The company was founded by Mario Gabelli in 1976 and is headquartered in Rye, NY.