Scotiabank Reaffirms “Sector Perform” Rating for Exco Technologies Limited (XTC)
Exco Technologies Limited (TSE:XTC)‘s stock had its “sector perform” rating reissued by equities researchers at Scotiabank in a note issued to investors on Tuesday. They presently have a C$15.50 price target on the stock. Scotiabank’s price objective points to a potential upside of 28.63% from the stock’s previous close.
Shares of Exco Technologies Limited (TSE:XTC) traded up 0.83% on Tuesday, reaching $12.15. 12,599 shares of the company traded hands. Exco Technologies Limited has a 1-year low of $11.55 and a 1-year high of $17.48. The stock has a market capitalization of $517.16 million and a price-to-earnings ratio of 10.95. The company has a 50-day moving average of $12.15 and a 200-day moving average of $13.28.
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Exco Technologies Limited Company Profile
Exco Technologies Limited is a designer, developer and manufacturer of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. The Company operates in two segments: Casting and Extrusion Segment, and Automotive Solutions Segment. The Casting and Extrusion Segment designs, develops and manufactures die-casting and extrusion tooling and consumable parts for both aluminum die-casting and aluminum extrusion machines.
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