Canam Group Inc. (CAM) Given Consensus Rating of “Hold” by Brokerages
Shares of Canam Group Inc. (TSE:CAM) have been given a consensus recommendation of “Hold” by the six analysts that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$10.45.
Several research analysts recently weighed in on the company. Royal Bank Of Canada cut Canam Group from an “outperform” rating to a “sector perform” rating and raised their target price for the company from C$8.50 to C$12.30 in a research note on Monday, May 1st. Raymond James Financial, Inc. decreased their target price on Canam Group from C$12.30 to C$7.50 and set a “market perform” rating for the company in a research note on Friday, April 28th.
Shares of Canam Group (CAM) remained flat at $12.30 during midday trading on Tuesday. The company’s stock had a trading volume of 49,833 shares. The firm’s 50 day moving average price is $12.21 and its 200 day moving average price is $9.03. The stock’s market capitalization is $555.53 million. Canam Group has a 52 week low of $5.57 and a 52 week high of $13.27.
About Canam Group
Canam Group Inc is a Canada-based compnay engaged in designing integrated solutions and fabricating products for the North American construction industry. The Company operates through the construction products segment, which includes many complementary goods and services. The Company’s service offer extends from the preconstruction phase to project management, including the erection of structural steel components.
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