Heroux-Devtek Inc. (HRX) Upgraded at Raymond James Financial Inc.
Heroux-Devtek Inc. (TSE:HRX) was upgraded by equities researchers at Raymond James Financial Inc. from a “market perform” rating to an “outperform” rating in a report released on Friday, StockTargetPrices.com reports.
Other equities research analysts have also recently issued reports about the company. TD Securities reaffirmed a “hold” rating and issued a C$17.00 target price on shares of Heroux-Devtek in a report on Monday, August 8th. Scotiabank reaffirmed an “outperform” rating and issued a C$18.00 target price on shares of Heroux-Devtek in a report on Friday, August 5th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of C$16.95.
Heroux-Devtek (TSE:HRX) traded up 2.01% on Friday, hitting $13.72. The stock had a trading volume of 8,125 shares. Heroux-Devtek has a 1-year low of $11.70 and a 1-year high of $16.00. The stock’s 50-day moving average is $13.74 and its 200 day moving average is $14.53. The firm has a market capitalization of $494.59 million and a price-to-earnings ratio of 18.29.
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Heroux-Devtek Company Profile
Heroux-Devtek Inc specializes in the design, development, manufacture and repair, and overhaul of landing gear and actuation systems and components for the aerospace market. The Company also manufactures electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls through its Magtron operations, as well as fluid filters products through its Bolton operations.
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