Contrans Group Price Target Raised to C$14.50 at National Bank Financial (CSS)
Equities researchers at National Bank Financial hoisted their target price on shares of Contrans Group (TSE:CSS) from C$13.50 to C$14.50 in a research report issued on Tuesday, Stock Ratings News reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 8.21% from the stock’s previous close.
Shares of Contrans Group (TSE:CSS) traded up 1.49% on Tuesday, hitting $13.60. 5,850 shares of the company’s stock traded hands. Contrans Group has a one year low of $10.10 and a one year high of $13.84. The stock’s 50-day moving average is $10.89 and its 200-day moving average is $11.29. The company has a market cap of $460.2 million and a P/E ratio of 15.23.
The company also recently declared a dividend, which is scheduled for Friday, February 14th. Investors of record on Friday, January 31st will be given a dividend of 0.1143 per share. The ex-dividend date of this dividend is Wednesday, January 29th.
CSS has been the subject of a number of other recent research reports. Analysts at NBF raised their price target on shares of Contrans Group from C$13.50 to C$14.50 in a research note to investors on Tuesday. Separately, analysts at TD Securities raised their price target on shares of Contrans Group from C$13.00 to C$14.00 in a research note to investors on Friday, November 1st. They now have a “hold” rating on the stock. Finally, analysts at Scotiabank raised their price target on shares of Contrans Group from C$12.50 to C$14.00 in a research note to investors on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$14.29.
Contrans Group Inc (TSE:CSS) is engaged in freight transportation.
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