Avigilon Corp (AVO) PT Lowered to C$10.00
Avigilon Corp (TSE:AVO) had its price objective cut by investment analysts at CIBC from C$14.00 to C$10.00 in a research report issued to clients and investors on Tuesday. CIBC’s price target indicates a potential downside of 14.89% from the company’s previous close.
A number of other brokerages also recently commented on AVO. RBC Capital Markets cut their target price on shares of Avigilon Corp from C$17.00 to C$13.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 16th. GMP Securities cut shares of Avigilon Corp from a “hold” rating to a “reduce” rating in a research note on Tuesday, August 16th. Raymond James Financial Inc. cut shares of Avigilon Corp from an “outperform” rating to a “market perform” rating and cut their target price for the stock from C$19.00 to C$12.00 in a research note on Tuesday, August 16th. BMO Capital Markets restated a “market perform” rating and set a C$11.50 target price on shares of Avigilon Corp in a research note on Tuesday, August 16th. Finally, Canaccord Genuity cut their target price on shares of Avigilon Corp from C$30.00 to C$22.00 and set a “buy” rating for the company in a research note on Tuesday, August 16th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Avigilon Corp currently has an average rating of “Hold” and an average target price of C$15.00.
Shares of Avigilon Corp (TSE:AVO) opened at 11.75 on Tuesday. Avigilon Corp has a 52 week low of $7.76 and a 52 week high of $17.00. The company has a market capitalization of $510.57 million and a PE ratio of 50.00. The firm’s 50-day moving average is $8.48 and its 200 day moving average is $11.41.
About Avigilon Corp
Avigilon Corporation is a provider of business intelligence and security solutions. The Company operates through the segment in which it designs, manufactures and markets video surveillance and access control software and equipment for the global security market. Its security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers.
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