Global Education Communities (TSE:GEC) PT Set at C$1.11 by Fundamental Research

Global Education Communities (TSE:GEC) received a C$1.11 target price from stock analysts at Fundamental Research in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s target price would indicate a potential upside of 200.00% from the company’s current price.

Global Education Communities Stock Performance

Shares of GEC stock traded down C$0.03 during trading hours on Tuesday, hitting C$0.37. 77,030 shares of the company’s stock traded hands, compared to its average volume of 33,131. The stock has a fifty day moving average price of C$0.36. Global Education Communities has a 12-month low of C$0.16 and a 12-month high of C$0.48. The firm has a market cap of C$25.32 million, a PE ratio of 1.28 and a beta of 1.14.

About Global Education Communities

Global Education Communities is a Canada-based company focused on acquiring, developing and managing purpose-built student housing assets across key markets in Europe. The company seeks high-quality properties positioned near major universities, offering accommodation solutions designed to meet the evolving needs of domestic and international students.

The company’s primary business activities include sourcing and underwriting off-market and on-market transactions, undertaking selective development and renovation projects, and overseeing day-to-day property management.