EXFO (TSE:EXF) Price Target Increased to C$6.00 by Analysts at National Bank Financial

EXFO (TSE:EXF) (NASDAQ:EXFO) had its price target upped by equities research analysts at National Bank Financial to C$6.00 in a research report issued on Thursday, Stock Target Advisor reports. The firm presently has a “tender” rating on the stock. National Bank Financial’s price objective indicates a potential downside of 19.46% from the company’s previous close. National Bank Financial also issued estimates for EXFO’s Q4 2021 earnings at $0.06 EPS.

Separately, National Bankshares upped their price objective on shares of EXFO from C$5.96 to C$6.00 and gave the stock a “tender” rating in a research report on Thursday.

Shares of EXF remained flat at $C$7.45 during midday trading on Thursday. The stock had a trading volume of 1,900 shares, compared to its average volume of 28,650. The company has a 50 day moving average price of C$6.36. EXFO has a 12-month low of C$3.38 and a 12-month high of C$8.77. The company has a market cap of C$427.09 million and a price-to-earnings ratio of 573.08. The company has a current ratio of 1.47, a quick ratio of 0.94 and a debt-to-equity ratio of 13.02.

EXFO Company Profile

EXFO Inc provides test, monitoring, and analytics solutions for fixed and mobile network operators, web-scale companies, and optical component and network equipment manufacturers in the communications industry. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, light sources, live fiber detection, network protocol testing, optical fiber multimeter, optical loss testing, OTDR and iOLM, power meters, spectral testing, test function virtualization, test reporting and automation, and variable attenuators products, as well as modular test platforms.

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