Cervus Equipment Corp (CVL) Receives Average Rating of “Hold” from Analysts
Cervus Equipment Corp (TSE:CVL) has been given a consensus rating of “Hold” by the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$14.67.
Separately, Royal Bank of Canada downgraded shares of Cervus Equipment Corp from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$17.00 to C$14.00 in a report on Friday, March 17th.
Cervus Equipment Corp (TSE CVL) opened at 15.20 on Monday. Cervus Equipment Corp has a 12-month low of $10.41 and a 12-month high of $16.52. The stock has a 50 day moving average price of $15.49 and a 200 day moving average price of $13.37.
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Cervus Equipment Corp Company Profile
Cervus Equipment Corp is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The Company acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It operates through three segments: Agriculture, Commercial and Industrial, and Transportation.
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