Rocky Mountain Dealerships Inc. (TSE:RME)‘s stock had its “sector perform” rating reissued by investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Thursday. They currently have a C$9.50 target price on the stock, up from their previous target price of C$8.50. Royal Bank Of Canada’s target price suggests a potential upside of 2.15% from the stock’s current price.

Several other research analysts have also weighed in on RME. National Bank Financial increased their price objective on Rocky Mountain Dealerships from C$7.00 to C$8.00 in a research report on Wednesday, August 10th. CIBC lowered their price objective on Rocky Mountain Dealerships from C$10.50 to C$9.00 in a research report on Thursday, August 11th. Raymond James Financial Inc. upped their price target on Rocky Mountain Dealerships from C$7.50 to C$9.50 in a research note on Thursday, August 11th. Finally, TD Securities upped their price target on Rocky Mountain Dealerships from C$7.00 to C$8.00 and gave the stock a “hold” rating in a research note on Thursday, August 11th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Rocky Mountain Dealerships has an average rating of “Hold” and an average price target of C$9.60.

Analyst Recommendations for Rocky Mountain Dealerships (TSE:RME)

Shares of Rocky Mountain Dealerships (TSE:RME) opened at 9.30 on Thursday. The firm has a market cap of $180.27 million and a P/E ratio of 14.20. Rocky Mountain Dealerships has a 12 month low of $5.50 and a 12 month high of $9.59. The stock’s 50 day moving average is $9.12 and its 200 day moving average is $7.99.

About Rocky Mountain Dealerships

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.

Receive News & Stock Ratings for Rocky Mountain Dealerships Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocky Mountain Dealerships Inc. and related stocks with our FREE daily email newsletter.