NAPEC Inc (NPC) Price Target Raised to C$1.35

NAPEC Inc (TSE:NPC) had its price target lifted by Laurentian from C$1.10 to C$1.35 in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Laurentian’s price objective suggests a potential upside of 15.38% from the stock’s previous close.

Separately, Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a C$1.40 price target on shares of NAPEC in a research report on Friday, April 28th.

Shares of NAPEC (TSE NPC) opened at 1.17 on Friday. The stock has a 50 day moving average price of $1.18 and a 200-day moving average price of $1.09. The firm’s market cap is $62.48 million. NAPEC has a 1-year low of $0.86 and a 1-year high of $1.25.

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In other NAPEC news, insider Kenneth Mckay acquired 50,000 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The stock was acquired at an average price of C$1.12 per share, with a total value of C$56,000.00.

About NAPEC

NAPEC Inc (NAPEC), formerly CVTech Group Inc, is a Canada-based company, which operates in the energy sector. The Company provides construction and maintenance services to the public utility and heavy industrial markets mainly in Quebec, Ontario and the eastern United States. The Company operates through energy segment.

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