Cervus Equipment Corp (TSE:CVL)‘s stock had its “hold” rating reissued by research analysts at Laurentian in a report released on Wednesday.

A number of other research analysts also recently commented on the stock. CIBC raised shares of Cervus Equipment Corp from a “sector perform” rating to an “outperform” rating in a research report on Thursday, November 10th. Raymond James Financial Inc. lifted their price objective on shares of Cervus Equipment Corp from C$11.00 to C$12.50 in a research report on Friday, August 12th. TD Securities lifted their price objective on shares of Cervus Equipment Corp from C$12.00 to C$15.00 and gave the company a “buy” rating in a research report on Thursday, November 10th. Royal Bank Of Canada lifted their price objective on shares of Cervus Equipment Corp from C$14.00 to C$16.00 and gave the company an “outperform” rating in a research report on Thursday, November 10th. Finally, National Bank Financial raised their target price on shares of Cervus Equipment Corp from C$13.00 to C$15.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 9th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of C$13.38.

Analyst Recommendations for Cervus Equipment Corp (TSE:CVL)

Shares of Cervus Equipment Corp (TSE:CVL) opened at 16.10 on Wednesday. The company has a market capitalization of $253.48 million and a PE ratio of 13.92. Cervus Equipment Corp has a 52 week low of $10.41 and a 52 week high of $16.14. The firm’s 50-day moving average is $13.72 and its 200 day moving average is $12.07.

ILLEGAL ACTIVITY WARNING: “Cervus Equipment Corp (CVL) Rating Reiterated by Laurentian” was first posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are reading this article on another site, it was stolen and reposted in violation of U.S. & international trademark & copyright laws. The original version of this article can be viewed at https://www.thecerbatgem.com/2016/11/25/cervus-equipment-corp-cvl-rating-reiterated-by-laurentian.html.

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.

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