Cervus Equipment Corp (CERV) Receives Consensus Rating of “Hold” from Analysts
Shares of Cervus Equipment Corp (TSE:CERV) have earned an average rating of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$14.35.
CERV has been the subject of several research reports. Raymond James Financial, Inc. lifted their price target on Cervus Equipment Corp from C$12.00 to C$13.25 and gave the stock a “market perform” rating in a research note on Monday, August 14th. TD Securities lifted their price target on Cervus Equipment Corp from C$13.50 to C$14.50 in a research note on Monday, August 14th. National Bank Financial lifted their price target on Cervus Equipment Corp from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Thursday, July 27th. Royal Bank Of Canada cut their price target on Cervus Equipment Corp from C$14.00 to C$13.00 and set a “sector perform” rating for the company in a research note on Monday, May 15th. Finally, CIBC cut their price target on Cervus Equipment Corp from C$15.00 to C$14.00 in a research note on Friday, May 12th.
Cervus Equipment Corp (TSE:CERV) traded up 0.52% during trading on Tuesday, reaching $13.42. 500 shares of the company were exchanged. Cervus Equipment Corp has a 1-year low of $10.98 and a 1-year high of $16.52. The company’s 50-day moving average price is $12.30 and its 200-day moving average price is $12.60. The stock has a market capitalization of $212.32 million and a P/E ratio of 8.46.
ILLEGAL ACTIVITY NOTICE: This report was first posted by Watch List News and is the property of of Watch List News. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.watchlistnews.com/cervus-equipment-corp-cerv-receives-consensus-rating-of-hold-from-analysts/1526816.html.
Cervus Equipment Corp 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.
Receive News & Ratings for Cervus Equipment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cervus Equipment Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.