Cervus Equipment Corp (CERV) Price Target Raised to C$14.50 at TD Securities

Cervus Equipment Corp (TSE:CERV) had its price target increased by TD Securities from C$13.50 to C$14.50 in a report released on Monday morning.

Other analysts have also recently issued reports about the company. Raymond James Financial, Inc. boosted their price objective on Cervus Equipment Corp from C$12.00 to C$13.25 and gave the stock a market perform rating in a report on Monday. National Bank Financial boosted their price objective on Cervus Equipment Corp from C$16.00 to C$17.00 and gave the stock an outperform rating in a report on Thursday, July 27th. Royal Bank Of Canada dropped their price objective on Cervus Equipment Corp from C$14.00 to C$13.00 and set a sector perform rating for the company in a report on Monday, May 15th. Finally, CIBC dropped their price objective on Cervus Equipment Corp from C$15.00 to C$14.00 in a report on Friday, May 12th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of C$14.35.

Cervus Equipment Corp (CERV) opened at 12.86 on Monday. Cervus Equipment Corp has a 52 week low of $10.98 and a 52 week high of $16.52. The firm has a market cap of $202.98 million and a PE ratio of 8.09. The stock has a 50 day moving average of $11.83 and a 200 day moving average of $12.70.

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Cervus Equipment Corp Company Profile

Cervus Equipment Corporation primarily engages in the sale, after-sale service, and maintenance of agricultural, transportation, construction, and industrial equipment. It operates through three segments: Agricultural, Transportation, and Commercial and Industrial. The Agricultural segment offers tractors, combine harvesting equipment, tillage, seeding, nutrient management and soil preparation machinery, sprayers, hay and forage equipment, material handling, integrated agricultural systems technology, precision agricultural irrigation equipment and supplies, lawn and garden tractors, compact utility tractors, zero-turn radius and front mowers, and utility vehicles, as well as associated implements for mowing, tilling, snow and debris handling, aerating, and other turf applications.

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