Avigilon Corp Given “Sector Perform” Rating at RBC Capital (AVO)
Avigilon Corp (TSE:AVO)‘s stock had its “sector perform” rating reiterated by analysts at RBC Capital in a research report issued to clients and investors on Friday. They currently have a C$28.00 target price on the stock, down from their previous target price of C$29.00. RBC Capital’s price objective points to a potential upside of 12.49% from the company’s current price.
Avigilon Corp (TSE:AVO) traded down 11.41% during mid-day trading on Friday, hitting $22.05. The stock had a trading volume of 979,312 shares. Avigilon Corp has a 1-year low of $15.01 and a 1-year high of $34.50. The stock’s 50-day moving average is $23.94 and its 200-day moving average is $26.41. The company has a market cap of $1.024 billion and a P/E ratio of 37.71.
Other equities research analysts have also recently issued reports about the stock. Analysts at National Bank Financial cut their price target on shares of Avigilon Corp from C$40.00 to C$35.00 in a research note on Friday. Analysts at CIBC cut their price target on shares of Avigilon Corp from C$50.00 to C$45.00 in a research note on Wednesday. They now have a “sector outperform” rating on the stock. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of C$34.50.
Avigilon Corporation (TSE:AVO) is a Canada-based company engaged in design, manufacturing and marketing of high-definition (HD) and megapixel (MP) network-based video surveillance systems and equipment for the global security market.
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