Heroux-Devtek Inc. (HRX) Upgraded to “Outperform” by 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 note issued to investors on Friday.
HRX has been the topic of several other reports. Scotiabank reaffirmed an “outperform” rating and issued a C$18.00 price target on shares of Heroux-Devtek in a report on Friday, August 5th. TD Securities reaffirmed a “hold” rating and issued a C$17.00 price target on shares of Heroux-Devtek in a report on Monday, August 8th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Heroux-Devtek has a consensus rating of “Buy” and a consensus price target of C$16.95.
Heroux-Devtek (TSE:HRX) traded up 2.08% during midday trading on Friday, hitting $13.73. The stock had a trading volume of 8,325 shares. The firm has a 50-day moving average of $13.74 and a 200 day moving average of $14.53. Heroux-Devtek has a 52-week low of $11.70 and a 52-week high of $16.00. The firm has a market capitalization of $494.95 million and a P/E ratio of 18.31.
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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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