Aveda Transportation Upgraded by National Bank Financial to “Outperform” (AVE)
Aveda Transportation (CVE:AVE) was upgraded by research analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a report released on Friday, Analyst Ratings Net reports. The firm currently has a C$13.00 price target on the stock, up from their previous price target of C$11.50. National Bank Financial’s price target would suggest a potential upside of 271.43% from the stock’s previous close.
A number of other analysts have also recently weighed in on AVE. Analysts at Mackie raised their price target on shares of Aveda Transportation from C$3.60 to C$3.80 in a research note to investors on Friday, August 16th.
Aveda Transportation and Energy Services Inc (CVE:AVE), formerly Phoenix Oilfield Hauling Inc, provides oilfield hauling services and equipment rentals.
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