National Bank Financial Increases Cervus Equipment Corp (CVL) Price Target to C$15.00
Cervus Equipment Corp (TSE:CVL) had its price target lifted by equities research analysts at National Bank Financial from C$13.00 to C$15.00 in a note issued to investors on Wednesday. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 3.73% from the company’s current price.
Separately, Raymond James Financial Inc. boosted their target price on shares of Cervus Equipment Corp from C$11.00 to C$12.50 in a report on Friday, August 12th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$13.38.
Cervus Equipment Corp (TSE:CVL) opened at 14.50 on Wednesday. Cervus Equipment Corp has a 12 month low of $10.41 and a 12 month high of $14.50. The company has a market capitalization of $227.61 million and a price-to-earnings ratio of 19.31. The company’s 50-day moving average price is $12.59 and its 200 day moving average price is $11.78.
Cervus Equipment Corp Company Profile
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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