Scotiabank Increases Avigilon Corp (AVO) Price Target to C$20.00
Avigilon Corp (TSE:AVO) had its price objective hoisted by analysts at Scotiabank from C$18.00 to C$20.00 in a report issued on Wednesday. The brokerage currently has a “sector perform” rating on the stock. Scotiabank’s target price suggests a potential upside of 0.40% from the company’s previous close.
Several other research analysts have also recently weighed in on AVO. BMO Capital Markets reiterated a “market perform” rating and set a C$21.00 price objective on shares of Avigilon Corp in a research report on Wednesday. Raymond James Financial, Inc. increased their target price on Avigilon Corp from C$20.00 to C$23.00 and gave the stock an “outperform” rating in a report on Wednesday. Royal Bank Of Canada increased their target price on Avigilon Corp from C$20.00 to C$23.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, CIBC increased their target price on Avigilon Corp from C$18.00 to C$19.00 in a report on Thursday, August 10th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of C$21.20.
Avigilon Corp (AVO) opened at C$19.92 on Wednesday. Avigilon Corp has a 12-month low of C$7.95 and a 12-month high of C$20.24.
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In related news, insider Joel Schuster sold 2,122 shares of the firm’s stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of C$17.39, for a total value of C$36,901.58. Also, Director Murray Tevlin sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of C$16.45, for a total value of C$246,750.00. Over the last three months, insiders have sold 36,122 shares of company stock worth $596,116.
About Avigilon Corp
Avigilon Corp 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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