NAPEC Inc (TSE:NPC) Price Target Raised to C$1.35
NAPEC Inc (TSE:NPC) had its target price lifted by Laurentian from C$1.10 to C$1.35 in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Laurentian’s target price would suggest a potential upside of 16.38% from the company’s current price.
Separately, Raymond James Financial, Inc. restated an “outperform” rating and issued a C$1.40 target price on shares of NAPEC in a research note on Friday, April 28th.
NAPEC (TSE:NPC) traded up 2.59% during mid-day trading on Friday, reaching $1.19. The company’s stock had a trading volume of 83,130 shares. NAPEC has a 1-year low of $0.86 and a 1-year high of $1.25. The stock’s market capitalization is $123.67 million. The stock’s 50 day moving average price is $1.18 and its 200 day moving average price is $1.09.
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In other NAPEC news, insider Kenneth Mckay acquired 50,000 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The shares were purchased at an average price of C$1.12 per share, for a total transaction of C$56,000.00.
NAPEC Company Profile
NAPEC Inc (NAPEC), formerly CVTech Group Inc, is a Canada-based company, which operates in the energy sector. The Company provides construction and maintenance services to the public utility and heavy industrial markets mainly in Quebec, Ontario and the eastern United States. The Company operates through energy segment.
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