Scotiabank Trims Exco Technologies (XTC) Target Price to C$10.00
Exco Technologies (TSE:XTC) had its target price lowered by equities researchers at Scotiabank from C$12.50 to C$10.00 in a research note issued to investors on Friday, StockTargetPrices.com reports. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s price objective indicates a potential upside of 4.60% from the stock’s previous close.
Separately, BMO Capital Markets cut their price objective on Exco Technologies from C$11.50 to C$10.00 in a report on Friday.
Shares of Exco Technologies (TSE XTC) traded down C$0.68 during midday trading on Friday, hitting C$9.56. The stock had a trading volume of 875,616 shares, compared to its average volume of 47,487. Exco Technologies has a 52 week low of C$8.80 and a 52 week high of C$12.79.
ILLEGAL ACTIVITY WARNING: This article was posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright law. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/12/01/scotiabank-trims-exco-technologies-xtc-target-price-to-c10-00.html.
Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates in two segments, Casting and Extrusion; and Automotive Solutions. The Casting and Extrusion segment designs, develops, manufactures, and sells die-castings and extrusion tooling products, and consumable parts for aluminum die-casting and aluminum extrusion machines.
Receive News & Ratings for Exco Technologies Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exco Technologies Limited and related companies with MarketBeat.com's FREE daily email newsletter.