TD Securities Boosts Rocky Mountain Dealerships Inc. (RME) Price Target to C$9.50
Rocky Mountain Dealerships Inc. (TSE:RME) had its price target boosted by TD Securities from C$8.00 to C$9.50 in a research note published on Thursday. The firm currently has a hold rating on the stock.
A number of other analysts have also recently weighed in on RME. National Bank Financial raised their price objective on shares of Rocky Mountain Dealerships from C$7.00 to C$8.00 in a report on Wednesday, August 10th. CIBC cut their price objective on shares of Rocky Mountain Dealerships from C$10.50 to C$9.00 in a report on Thursday, August 11th. Raymond James Financial Inc. raised their price objective on shares of Rocky Mountain Dealerships from C$7.50 to C$9.50 in a report on Thursday, August 11th. Finally, Royal Bank Of Canada reissued a sector perform rating and set a C$9.50 price objective (up previously from C$8.50) on shares of Rocky Mountain Dealerships in a report on Thursday, November 10th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Rocky Mountain Dealerships has a consensus rating of Hold and a consensus target price of C$9.60.
Rocky Mountain Dealerships (TSE:RME) opened at 9.36 on Thursday. Rocky Mountain Dealerships has a 52-week low of $5.50 and a 52-week high of $9.59. The firm’s 50-day moving average is $9.12 and its 200-day moving average is $8.03. The firm has a market capitalization of $181.43 million and a PE ratio of 14.29.
Rocky Mountain Dealerships Company Profile
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.
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