Q3 2016 Earnings Forecast for Cervus Equipment Corp Issued By National Bank Financial (CVL)
Cervus Equipment Corp (TSE:CVL) – Equities researchers at National Bank Financial boosted their Q3 2016 EPS estimates for shares of Cervus Equipment Corp in a report issued on Wednesday. National Bank Financial analyst G. Colman now expects that the firm will earn $0.29 per share for the quarter, up from their prior estimate of $0.27. National Bank Financial also issued estimates for Cervus Equipment Corp’s FY2017 earnings at $0.81 EPS.
CVL has been the subject of several other reports. Raymond James Financial Inc. lifted their price target on Cervus Equipment Corp from C$11.00 to C$12.50 in a report on Friday, August 12th. AltaCorp Capital upgraded Cervus Equipment Corp from a “sector perform” rating to an “outperform” rating in a report on Wednesday, June 8th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Cervus Equipment Corp currently has a consensus rating of “Hold” and a consensus price target of C$12.44.
Cervus Equipment Corp (TSE:CVL) opened at 11.58 on Monday. The stock has a market capitalization of $181.77 million and a PE ratio of 15.42. The stock’s 50 day moving average price is $11.59 and its 200 day moving average price is $11.47. Cervus Equipment Corp has a 1-year low of $10.41 and a 1-year high of $15.35.
About Cervus Equipment Corp
Cervus Equipment Corporation is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The Company acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It operates through three segments: Agriculture, Commercial and Industrial, and Transportation.
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