Cervus Equipment Corp (TSE:CERV) had its target price boosted by equities research analysts at CIBC from C$15.00 to C$17.00 in a research report issued on Friday. CIBC’s price objective would suggest a potential upside of 18.47% from the stock’s current price.

Several other research firms also recently weighed in on CERV. TD Securities boosted their price target on shares of Cervus Equipment Corp from C$13.50 to C$14.50 in a research note on Monday, August 14th. Raymond James Financial, Inc. boosted their price target on shares of Cervus Equipment Corp from C$12.00 to C$13.25 and gave the stock a “market perform” rating in a research note on Monday, August 14th. Finally, National Bank Financial boosted their price target on shares of Cervus Equipment Corp from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Thursday, July 27th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Cervus Equipment Corp currently has an average rating of “Hold” and an average price target of C$14.95.

ILLEGAL ACTIVITY NOTICE: “Cervus Equipment Corp (CERV) Price Target Raised to C$17.00 at CIBC” was reported by American Banking News and is owned by of American Banking News. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/10/13/cervus-equipment-corp-cerv-price-target-raised-to-c17-00-at-cibc.html.

About Cervus Equipment Corp

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)

Receive News & Ratings for Cervus Equipment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cervus Equipment Corp and related companies with MarketBeat.com's FREE daily email newsletter.