Cervus Equipment Co. (CERV) Receives Average Rating of “Hold” from Brokerages
Cervus Equipment Co. (TSE:CERV) has received an average rating of “Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$16.20.
A number of research analysts have recently issued reports on CERV shares. Raymond James Financial boosted their price target on shares of Cervus Equipment from C$13.25 to C$17.00 and gave the stock a “market perform” rating in a research report on Friday, November 10th. National Bank Financial boosted their price target on shares of Cervus Equipment from C$17.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. CIBC boosted their price target on shares of Cervus Equipment from C$15.00 to C$17.00 in a research report on Friday, October 13th. Finally, TD Securities boosted their price target on shares of Cervus Equipment from C$13.50 to C$14.50 in a research report on Monday, August 14th.
Cervus Equipment (TSE:CERV) traded up C$0.19 during trading hours on Thursday, reaching C$15.49. 14,687 shares of the company traded hands, compared to its average volume of 8,192. Cervus Equipment has a twelve month low of C$10.98 and a twelve month high of C$16.52.
Cervus Equipment 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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