Glentel Inc GLNIF

Analyst's target $ up up up!

[PRObono]

Investment analysts at Canaccord Genuity raised their target price on shares of Glentel (TSE: GLN) from $18.00 to $19.00 in a note issued to investors on Saturday. The firm currently has a “buy” rating on the stock.

Shares of Glentel opened at 16.09 on Friday. Glentel has a 52 week low of $10.00 and a 52 week high of $23.99. The company has a market cap of $357.5 million and a P/E ratio of 12.82.

Other equities research analysts have also recently issued reports about the stock. Analysts at Paradigm Research raised their price target on shares of Glentel from $16.50 to $19.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Scotia Capital raised their price target on shares of Glentel from $15.50 to $18.50 in a research note to investors on Thursday, September 27th. They now have an “outperform” rating on the stock.

PRObono

[ascii2]

Glentel management has taken all right steps. 1. Sold money loosing tower and satellite business for 0ver 12 million keeping the core business. 2. Renewed License Agreement with Costco Wholesale Canada 3. Acquired 83% of AMT group retaining right to buy the rest in future. 4. Paid dividend of 10C per quarter consitently plus extraordinary dividend 5. Has 60 plus million cash and cash equivalent 6.

[m1ax]

It will come. Let's be patient.

[Robert40]

Ascii2 you forgot to add partnership with Target Canada stores. If it ever gets rights to Target USA and Costco USA store count will be over 2500+. Figure that out. I am happy with the yeild and direction!! Good Luck Longs.