Pure Technologies Ltd. (TSE:PUR) had its price target raised by stock analysts at National Bank Financial from C$6.00 to C$6.50 in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target points to a potential upside of 24.76% from the company’s current price.

Pure Technologies (TSE:PUR) traded down 0.58% during trading on Friday, reaching $5.18. 41,302 shares of the company’s stock were exchanged. Pure Technologies has a 52 week low of $3.90 and a 52 week high of $6.27. The company’s 50 day moving average price is $5.03 and its 200-day moving average price is $4.89. The stock has a market capitalization of $283.31 million and a price-to-earnings ratio of 65.57.

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About Pure Technologies

Pure Technologies Ltd. engages in the development and application of technologies for the inspection, monitoring, and management of physical infrastructure worldwide. It operates through two divisions, Water; and Oil and Gas. The company offers Assess & Address, a pipeline management technology; PureEM, an electromagnetic inspection technology, which provides assessment data for large-diameter metallic and concrete pressure pipelines; PureMFL, a method of non-destructive testing that is used to detect corrosion and pitting in metallic pipelines; PipeDiver, a platform for water and wastewater pipelines that operates while a main remains in service; SmartBall technology for managing infrastructure, including leak and air pocket detection for water and wastewater pipelines, as well as for verification of containment surveys for oil and gas pipelines; and Sahara, a technology for water and wastewater pipelines, including leak and air pocket detection, inline CCTV, and pipeline pre-commissioning.

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