Evertz Technologies (TSE:ET) had its target price lifted by BMO Capital Markets from C$19.00 to C$20.00 in a research note released on Friday morning, BayStreet.CA reports.

Separately, Raymond James boosted their price target on Evertz Technologies from C$18.00 to C$19.00 and gave the stock an outperform rating in a research report on Friday.

Shares of TSE ET opened at C$17.91 on Friday. The company has a market cap of $1.37 billion and a price-to-earnings ratio of 20.31. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.93 and a current ratio of 3.68. Evertz Technologies has a twelve month low of C$14.68 and a twelve month high of C$18.12.

In other news, Director Rakesh Thakor Patel sold 60,600 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of C$17.10, for a total transaction of C$1,036,302.42. Following the completion of the sale, the director now owns 249,100 shares in the company, valued at C$4,259,784.37.

About Evertz Technologies

Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, post–production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, master control switchers, accessories, and network management systems, as well as keyers, and media and logo inserters.

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