Avigilon Corp (AVO) Receives Sector Perform Rating from Scotiabank
Avigilon Corp (TSE:AVO)‘s stock had its “sector perform” rating reiterated by equities research analysts at Scotiabank in a research note issued to investors on Tuesday. They currently have a C$13.00 price objective on the stock. Scotiabank’s price objective would suggest a potential downside of 2.69% from the stock’s current price.
Several other equities analysts have also commented on AVO. BMO Capital Markets reiterated a “market perform” rating and set a C$11.50 price objective on shares of Avigilon Corp in a research report on Tuesday, August 16th. Canaccord Genuity reduced their price objective on Avigilon Corp from C$30.00 to C$22.00 and set a “buy” rating on the stock in a research report on Tuesday, August 16th. GMP Securities lowered Avigilon Corp from a “hold” rating to a “reduce” rating in a research report on Tuesday, August 16th. Raymond James Financial Inc. lowered Avigilon Corp from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from C$19.00 to C$12.00 in a research report on Tuesday, August 16th. Finally, RBC Capital Markets reduced their price target on Avigilon Corp from C$17.00 to C$13.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 16th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of C$15.00.
Shares of Avigilon Corp (TSE:AVO) traded down 0.52% during trading on Tuesday, hitting $13.38. The stock had a trading volume of 34,113 shares. The firm has a 50 day moving average price of $9.46 and a 200-day moving average price of $11.22. Avigilon Corp has a 52 week low of $7.76 and a 52 week high of $17.00. The stock has a market capitalization of $583.30 million and a price-to-earnings ratio of 93.57.
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Avigilon Corp Company Profile
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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