Desjardins Trims NAPEC (NPC) Target Price to C$1.95

NAPEC (TSE:NPC) had its price target cut by equities research analysts at Desjardins from C$2.25 to C$1.95 in a note issued to investors on Tuesday. Desjardins’ price objective points to a potential upside of 0.52% from the company’s current price.

Separately, Raymond James Financial increased their price target on shares of NAPEC from C$1.60 to C$1.80 and gave the stock an “outperform” rating in a research report on Thursday, November 9th.

NAPEC (TSE:NPC) traded down C$0.01 during midday trading on Tuesday, hitting C$1.94. 677,264 shares of the company traded hands, compared to its average volume of 688,413. The firm has a market cap of $205.10, a price-to-earnings ratio of 194.00 and a beta of 0.82. NAPEC has a twelve month low of C$0.94 and a twelve month high of C$2.04.

NAPEC (TSE:NPC) last posted its quarterly earnings results on Wednesday, November 8th. The company reported C$0.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.01 by C$0.01. The business had revenue of C$106.74 million for the quarter, compared to analyst estimates of C$114.10 million. NAPEC had a net margin of 2.41% and a return on equity of 8.65%.

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NAPEC Company Profile

Napec Inc is a Canada-based company, which specializes in the construction and maintenance services of electrical transmission and distribution lines for the utility and heavy industrial markets. The Company operates within one business sector, which is energy. The Company, together with its subsidiaries, builds and maintains electrical transmission and distribution systems, solar panel farms, and natural gas networks.

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