Shares of Cervus Equipment Corp (TSE:CERV) have been assigned a consensus rating of “Buy” from the seven brokerages that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$14.35.

Several analysts recently commented on the stock. TD Securities lifted their target price on shares of Cervus Equipment Corp from C$13.50 to C$14.50 in a report on Monday, August 14th. Raymond James Financial, Inc. lifted their target price on shares of Cervus Equipment Corp from C$12.00 to C$13.25 and gave the stock a “market perform” rating in a report on Monday, August 14th. Finally, National Bank Financial lifted their target price on shares of Cervus Equipment Corp from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th.

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Shares of Cervus Equipment Corp (TSE:CERV) traded up 0.28% on Wednesday, hitting $14.24. 2,624 shares of the stock were exchanged. The company has a 50-day moving average price of $13.56 and a 200-day moving average price of $12.45. The firm has a market capitalization of $225.29 million and a PE ratio of 8.98. Cervus Equipment Corp has a one year low of $10.98 and a one year 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.

Analyst Recommendations for Cervus Equipment Corp (TSE:CERV)

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