Cervus Equipment Corp (CERV) Rating Reiterated by TD Securities

Cervus Equipment Corp (TSE:CERV)‘s stock had its “hold” rating reissued by investment analysts at TD Securities in a research report issued on Friday. They presently have a C$15.00 price objective on the stock. TD Securities’ price target indicates a potential upside of 13.21% from the company’s current price.

Several other research analysts also recently issued reports on the stock. Laurentian restated a “buy” rating on shares of Cervus Equipment Corp in a report on Friday. Raymond James Financial, Inc. dropped their price objective on shares of Cervus Equipment Corp from C$16.00 to C$13.25 and set a “market perform” rating on the stock in a report on Friday. Finally, Royal Bank of Canada dropped their price objective on shares of Cervus Equipment Corp from C$17.00 to C$14.00 and set a “sector perform” rating on the stock in a report on Friday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of C$14.08.

Analyst Recommendations for Cervus Equipment Corp (TSE:CERV)

Shares of Cervus Equipment Corp (TSE:CERV) opened at 12.70 on Friday. The company has a market cap of $199.95 million and a PE ratio of 10.98. The stock’s 50 day moving average price is $14.51 and its 200-day moving average price is $14.18. Cervus Equipment Corp has a 12-month low of $10.42 and a 12-month high of $16.52.

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