TD Securities Trims Cervus Equipment (CERV) Target Price to C$15.50
Cervus Equipment (TSE:CERV) had its price objective decreased by TD Securities from C$17.00 to C$15.50 in a research note issued to investors on Monday, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.
CERV has been the topic of a number of other reports. Raymond James lowered their target price on shares of Cervus Equipment from C$16.25 to C$16.00 and set an outperform rating on the stock in a research note on Friday, May 10th. National Bank Financial lowered their target price on shares of Cervus Equipment from C$19.00 to C$17.50 and set an outperform rating on the stock in a research note on Monday, January 21st.
TSE:CERV opened at C$13.09 on Monday. Cervus Equipment has a 1 year low of C$11.61 and a 1 year high of C$15.05. The company has a current ratio of 1.59, a quick ratio of 0.25 and a debt-to-equity ratio of 139.85. The firm has a market capitalization of $203.37 million and a P/E ratio of 8.89.
Cervus Equipment Company Profile
Cervus Equipment Corporation engages in the sale, after-sale service, and maintenance of agricultural, transportation, and industrial equipment. It operates through three segments: Agricultural, Transportation, and Industrial Equipment. 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; and associated implements for mowing, tilling, snow and debris handling, aerating, and other turf applications.
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