Rocky Mountain Dealerships Inc. (RME) Upgraded at National Bank Financial
National Bank Financial upgraded shares of Rocky Mountain Dealerships Inc. (TSE:RME) from a sector perform overweight rating to an outperform overweight rating in a report published on Wednesday morning. They currently have C$13.50 target price on the stock, up from their prior target price of C$9.25.
Separately, TD Securities raised shares of Rocky Mountain Dealerships from a hold rating to a buy rating and raised their target price for the stock from C$10.00 to C$11.50 in a research report on Wednesday, May 10th.
Shares of Rocky Mountain Dealerships (TSE RME) opened at 10.10 on Wednesday. The company has a market capitalization of $195.78 million and a P/E ratio of 11.62. Rocky Mountain Dealerships has a 1-year low of $7.11 and a 1-year high of $11.25. The firm has a 50-day moving average of $9.98 and a 200 day moving average of $10.15.
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Rocky Mountain Dealerships Company Profile
Rocky Mountain Dealerships Inc is an agriculture equipment dealer with a network of full-service agriculture and industrial equipment stores across the Canadian Prairie Provinces. The Company operates in two segments: agriculture segment and industrial segment. The agriculture segment primarily includes sales of agricultural equipment, parts and services, and the industrial segment includes sales of industrial equipment, parts and services.
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