GMS (GMS) is Reiterated by RBC Capital Mkts to Outperform, Lowers Price Target to $ 26

GMS (GMS) was Reiterated by RBC Capital Mkts to “Outperform” while Lowering the Price Target of the company shares to $ 26 from a previous price target of $28 . RBC Capital Mkts advised their investors in a research report released on Sep 14, 2016.

Many Wall Street Analysts have commented on GMS. Company shares were Reiterated by RBC Capital Mkts on Jul 13, 2016 to “Outperform”, Firm has raised the Price Target to $ 28 from a previous price target of $27 .Robert W. Baird Initiated GMS on Jun 20, 2016 to “Neutral”, Price Target of the shares are set at $25.GMS was Initiated by Credit Suisse to “Outperform” on Jun 20, 2016.

On the company’s financial health, GMS reported $0.46 EPS for the quarter, based on the information available during the earnings call on Sep 13, 2016. Analyst had a consensus estimate of $0.46. The company had revenue of $549.80 million for the quarter, compared to analysts expectations of $551.67 million. The company’s revenue was up 21.5% compared to the same quarter last year.


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