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.

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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.

Analyst Recommendations for Cervus Equipment Corp (TSE:CERV)

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