Cervus Equipment Corp (CVL) Given Average Rating of “Hold” by Brokerages
Shares of Cervus Equipment Corp (TSE:CVL) have earned an average recommendation of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$14.50.
Separately, National Bank Financial raised shares of Cervus Equipment Corp from a “sector perform overweight” rating to an “outperform overweight” rating in a research report on Wednesday, July 26th.
Cervus Equipment Corp (CVL) traded up 0.33% during trading on Wednesday, hitting $15.20. The stock had a trading volume of 3,675 shares. The stock’s 50-day moving average price is $15.49 and its 200-day moving average price is $13.37. Cervus Equipment Corp has a 1-year low of $10.41 and a 1-year high of $16.52.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Thursday, September 28th.
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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