Canaccord Genuity Increases Evertz Technologies (ET) Price Target to C$19.00
Evertz Technologies (TSE:ET) had its price target increased by equities researchers at Canaccord Genuity from C$18.50 to C$19.00 in a report issued on Thursday. Canaccord Genuity’s price target would indicate a potential upside of 15.64% from the company’s current price.
Separately, Royal Bank of Canada raised their price objective on Evertz Technologies from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 12th.
Shares of TSE ET opened at C$16.43 on Thursday. Evertz Technologies has a one year low of C$14.68 and a one year high of C$19.51. The company has a quick ratio of 1.96, a current ratio of 3.72 and a debt-to-equity ratio of 0.28.
About Evertz Technologies
Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, postproduction, 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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