Avigilon Corp (TSE:AVO) Given Average Recommendation of “Hold” by Analysts
Avigilon Corp (TSE:AVO) has been given a consensus recommendation of “Hold” by the ten research firms that are presently covering the stock. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$15.00.
Several research analysts have issued reports on AVO shares. BMO Capital Markets reiterated a “market perform” rating and issued a C$11.50 price objective on shares of Avigilon Corp in a research report on Tuesday, August 16th. Canaccord Genuity dropped their price target on Avigilon Corp from C$30.00 to C$22.00 and set a “buy” rating for the company in a research report on Tuesday, August 16th. GMP Securities cut Avigilon Corp from a “hold” rating to a “reduce” rating in a research report on Tuesday, August 16th. Raymond James Financial Inc. cut Avigilon Corp from an “outperform” rating to a “market perform” rating and dropped their price target for the company from C$19.00 to C$12.00 in a research report on Tuesday, August 16th. Finally, RBC Capital Markets dropped their price target on Avigilon Corp from C$17.00 to C$13.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 16th.
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Shares of Avigilon Corp (TSE:AVO) traded up 4.78% during mid-day trading on Tuesday, reaching $9.42. 131,054 shares of the company traded hands. The stock has a market capitalization of $409.33 million and a price-to-earnings ratio of 40.09. Avigilon Corp has a 52-week low of $8.60 and a 52-week high of $17.00. The company’s 50 day moving average is $10.37 and its 200 day moving average is $13.41.
About Avigilon Corp
Avigilon Corporation is a provider of business intelligence and security solutions. The Company operates through the segment in which it designs, manufactures and markets video surveillance and access control software and equipment for the global security market. Its security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers.
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