Itafos (CVE:IFOS) had its target price increased by investment analysts at Raymond James from C$3.75 to C$4.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ target price would suggest a potential upside of 185.71% from the stock’s current price.
Shares of CVE IFOS traded up C$0.05 during mid-day trading on Thursday, reaching C$1.40. 184,291 shares of the company were exchanged, compared to its average volume of 17,446. Itafos has a twelve month low of C$0.23 and a twelve month high of C$1.90. The company has a market capitalization of C$261.54 million and a PE ratio of 12.17. The firm’s 50-day moving average is C$1.26. The company has a debt-to-equity ratio of 240.22, a current ratio of 1.73 and a quick ratio of 0.66.
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