Royal Bank Of Canada Raises Heroux Devtek Inc (HRX) Price Target to C$18.00
Heroux Devtek Inc (TSE:HRX) had its price objective raised by Royal Bank Of Canada from C$17.00 to C$18.00 in a report released on Tuesday morning. They currently have an outperform rating on the stock.
A number of other equities analysts have also issued reports on the company. Scotiabank lowered their price target on Heroux Devtek from C$15.00 to C$14.50 and set an outperform rating on the stock in a report on Tuesday, August 8th. TD Securities raised their price target on Heroux Devtek from C$14.00 to C$15.50 and gave the stock a hold rating in a report on Tuesday. Finally, Raymond James Financial, Inc. raised their price target on Heroux Devtek from C$13.00 to C$13.25 and gave the stock a market perform rating in a report on Wednesday, August 9th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of C$16.33.
Heroux Devtek (HRX) opened at 14.42 on Tuesday. The firm has a market cap of $521.11 million and a PE ratio of 17.00. Heroux Devtek has a one year low of $11.06 and a one year high of $16.05. The stock has a 50 day moving average price of $13.23 and a 200 day moving average price of $13.08.
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About Heroux Devtek
Heroux Devtek Inc is a Canada-based company engaged in the design, development, manufacture, repair and overhaul of landing gear and actuation systems and components for the aerospace market. It manufactures electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls through its Magtron operations, as well as fluid filters products through its Bolton operations.
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