Genivar Price Target Increased to C$30.00 by Analysts at Desjardins (GNV)
Equities research analysts at Desjardins boosted their target price on shares of Genivar (TSE:GNV) from C$27.00 to C$30.00 in a research note issued to investors on Monday, Analyst Ratings Net reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective would suggest a potential upside of 4.93% from the stock’s previous close.
Shares of Genivar (TSE:GNV) traded up 0.21% on Monday, hitting $28.65. The stock had a trading volume of 35,036 shares. Genivar has a 52-week low of $18.73 and a 52-week high of $28.85. The stock’s 50-day moving average is $26.65 and its 200-day moving average is $24.92. The company has a price-to-earnings ratio of 19.45.
Several other analysts have also recently commented on the stock. Analysts at Raymond James raised their price target on shares of Genivar from C$27.00 to C$30.00 in a research note to investors on Tuesday, October 1st. They now have an “outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Genivar from C$25.00 to C$26.00 in a research note to investors on Friday, August 9th. They now have a “sector perform” rating on the stock. Finally, analysts at Scotiabank raised their price target on shares of Genivar from C$23.00 to C$27.00 in a research note to investors on Friday, August 9th. They now have a “sector perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. Genivar has a consensus rating of “Hold” and an average price target of C$27.06.
GENIVAR Inc (TSE:GNV), formerly GENIVAR Income Fund, is a consulting services company providing private- and public-sector clients with a range of services in planning, engineering, architecture, surveying, environmental sciences, and project and construction management.
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