Cervus Equipment Corp (CERV) Given Consensus Recommendation of “Hold” by Analysts
Shares of Cervus Equipment Corp (TSE:CERV) have received a consensus rating of “Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$14.35.
A number of analysts recently issued reports on the company. TD Securities upped their target price on Cervus Equipment Corp from C$13.50 to C$14.50 in a research report on Monday, August 14th. Raymond James Financial, Inc. upped their target price on Cervus Equipment Corp from C$12.00 to C$13.25 and gave the company a “market perform” rating in a research report on Monday, August 14th. Finally, National Bank Financial upped their target price on Cervus Equipment Corp from C$16.00 to C$17.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th.
Shares of Cervus Equipment Corp (CERV) traded up 1.44% on Friday, hitting $13.39. The stock had a trading volume of 910 shares. The firm has a market cap of $211.84 million and a PE ratio of 8.44. The firm’s 50-day moving average price is $12.96 and its 200 day moving average price is $12.47. Cervus Equipment Corp has a 52-week low of $10.98 and a 52-week high of $16.52.
Cervus Equipment Corp Company Profile
Cervus Equipment Corporation primarily engages in the sale, after-sale service, and maintenance of agricultural, transportation, construction, and industrial equipment. It operates through three segments: Agricultural, Transportation, and Commercial and Industrial. The Agricultural segment offers tractors, combine harvesting equipment, tillage, seeding, nutrient management and soil preparation machinery, sprayers, hay and forage equipment, material handling, integrated agricultural systems technology, precision agricultural irrigation equipment and supplies, lawn and garden tractors, compact utility tractors, zero-turn radius and front mowers, and utility vehicles, as well as associated implements for mowing, tilling, snow and debris handling, aerating, and other turf applications.
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