Cervus Equipment Corp (TSE:CERV) had its price target reduced by Raymond James Financial, Inc. from C$13.25 to C$12.00 in a research report report published on Friday, May 12th. They currently have a market perform rating on the stock.
A number of other brokerages have also commented on CERV. CIBC decreased their price objective on Cervus Equipment Corp from C$18.00 to C$15.00 and set a neutral rating for the company in a report on Tuesday, March 21st. Laurentian Bank of Canada reaffirmed a buy rating on shares of Cervus Equipment Corp in a report on Friday, March 17th. Royal Bank Of Canada reduced their target price on Cervus Equipment Corp from C$17.00 to C$14.00 and set a sector perform rating for the company in a report on Friday, March 17th. TD Securities reaffirmed a hold rating and issued a C$15.00 target price on shares of Cervus Equipment Corp in a report on Friday, March 17th. Finally, Laurentian reiterated a buy rating on shares of Cervus Equipment Corp in a research note on Friday, March 17th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of C$13.13.
Cervus Equipment Corp (TSE CERV) traded up 1.168% during trading on Friday, reaching $11.695. The company’s stock had a trading volume of 800 shares. The firm has a market cap of $184.59 million and a P/E ratio of 9.379. Cervus Equipment Corp has a 52 week low of $10.99 and a 52 week high of $16.52. The stock’s 50 day moving average is $12.19 and its 200-day moving average is $13.79.
ILLEGAL ACTIVITY NOTICE: This news story was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and international copyright legislation. The correct version of this news story can be viewed at https://www.com-unik.info/2017/06/17/raymond-james-financial-inc-cuts-cervus-equipment-corp-cerv-price-target-to-c12-00-updated-updated-updated.html.
Cervus Equipment Corp Company Profile
Cervus Equipment Corp is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The Company acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It operates through three segments: Agriculture, Commercial and Industrial, and Transportation.
What are top analysts saying about Cervus Equipment Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cervus Equipment Corp and related companies.