TD Securities Increases Cervus Equipment (CERV) Price Target to C$17.00
A number of other research firms have also recently commented on CERV. Raymond James lifted their target price on Cervus Equipment from C$16.00 to C$16.50 and gave the stock a market perform rating in a research report on Wednesday, August 15th. CIBC upgraded Cervus Equipment from a neutral rating to an outperform rating and boosted their price target for the company from C$17.50 to C$19.00 in a research report on Monday, August 13th.
CERV opened at C$13.04 on Monday. The company has a quick ratio of 0.32, a current ratio of 1.70 and a debt-to-equity ratio of 88.39. Cervus Equipment has a one year low of C$11.61 and a one year high of C$15.68.
Cervus Equipment Corporation primarily engages in the sale, after-sale service, and maintenance of agricultural, transportation, construction, and industrial equipment. It operates through three segments: Agricultural, Transportation, and Commercial and Industrial. The Agricultural segment offers tractors, combine harvesting equipment, tillage, seeding, nutrient management and soil preparation machinery, sprayers, hay and forage equipment, material handling, integrated agricultural systems technology, precision agricultural irrigation equipment and supplies, lawn and garden tractors, compact utility tractors, zero-turn radius and front mowers, and utility vehicles, as well as associated implements for mowing, tilling, snow and debris handling, aerating, and other turf applications.
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