Trade Report: Today, Cervus Equipment Corp (CVL) Receives “Hold” Rating from Laurentian Bank of Canada

Today, Cervus Equipment Corp (CVL) Receives “Hold” Rating from Laurentian Bank of Canada

Laurentian Bank of Canada restated their hold rating on shares of Cervus Equipment Corp (TSE:CVL) in a research report released on Wednesday, StockTargetPrices.com reports.

A number of other analysts have also issued reports on the company. Laurentian reiterated a hold rating on shares of Cervus Equipment Corp in a report on Wednesday, November 23rd. CIBC upgraded Cervus Equipment Corp from a sector perform rating to an outperform rating in a report on Thursday, November 10th. Raymond James Financial Inc. lowered Cervus Equipment Corp from an outperform rating to a market perform rating in a report on Thursday, November 10th. TD Securities upped their target price on Cervus Equipment Corp from C$12.00 to C$15.00 and gave the stock a buy rating in a report on Thursday, November 10th. Finally, Royal Bank Of Canada upped their target price on Cervus Equipment Corp from C$14.00 to C$16.00 and gave the stock an outperform rating in a report on Thursday, November 10th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of Buy and an average price target of C$13.38.

Shares of Cervus Equipment Corp (TSE:CVL) opened at 15.86 on Wednesday. The company’s 50-day moving average price is $13.94 and its 200-day moving average price is $12.15. The stock has a market cap of $249.70 million and a PE ratio of 13.71. Cervus Equipment Corp has a one year low of $10.41 and a one year high of $16.24.

About Cervus Equipment Corp

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