EXFO Receives “Sector Perform” Rating from RBC Capital (EXFO)
EXFO (NASDAQ:EXFO)‘s stock had its “sector perform” rating restated by RBC Capital in a research note issued on Tuesday, American Banking News reports.
Shares of EXFO (NASDAQ:EXFO) traded down 1.03% during mid-day trading on Tuesday, hitting $4.82. The stock had a trading volume of 84,175 shares. EXFO has a 52 week low of $3.87 and a 52 week high of $6.14. The stock has a 50-day moving average of $4.98 and a 200-day moving average of $4.99. The company has a market cap of $291.0 million and a price-to-earnings ratio of 243.50.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of EXFO from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 10th. They now have a $6.20 price target on the stock. Separately, analysts at TheStreet upgraded shares of EXFO from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, October 29th. Finally, analysts at TheStreet upgraded shares of EXFO from a “sell” rating to a “hold” rating in a research note to investors on Monday, October 21st. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $5.53.
EXFO Inc (NASDAQ:EXFO) is a provider of next-generation test and service assurance solutions for wireless and wireline network operators and equipment manufacturers.
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