Exfo’s (EXF) Sector Perform Rating Reiterated at Royal Bank Of Canada
Exfo Inc (TSE:EXF)‘s stock had its “sector perform” rating reissued by equities research analysts at Royal Bank Of Canada in a research note issued on Wednesday, StockTargetPrices.com reports. They presently have a C$4.25 target price on the stock. Royal Bank Of Canada’s price objective suggests a potential downside of 16.01% from the company’s current price.
Shares of Exfo (TSE:EXF) traded up 0.79% during trading on Wednesday, hitting $5.10. The stock had a trading volume of 2,200 shares. The stock has a market cap of $274.87 million and a price-to-earnings ratio of 31.68. The stock’s 50-day moving average is $4.66 and its 200-day moving average is $4.80. Exfo has a 12-month low of $3.62 and a 12-month high of $5.50.
Exfo Company Profile
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EXFO Inc, formerly EXFO Electro-Optical Engineering Inc, designs, manufactures and markets test, service assurance and network visibility solutions for fixed and mobile network operators, Web-scale service providers, as well as equipment manufacturers in the global telecommunications industry. The Company focuses on network infrastructures, including fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.
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