A number of other equities research analysts have also recently commented on the company. National Bank Financial increased their target price on Cervus Equipment Corp from C$16.00 to C$17.00 and gave the stock an outperform rating in a research note on Thursday, July 27th. CIBC increased their target price on Cervus Equipment Corp from C$15.00 to C$17.00 in a research note on Friday, October 13th. Finally, Raymond James Financial, Inc. increased their price objective on Cervus Equipment Corp from C$13.25 to C$17.00 and gave the company a market perform rating in a research report on Friday. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Cervus Equipment Corp has a consensus rating of Hold and an average target price of C$16.20.
Cervus Equipment Corp (TSE CERV) traded up C$0.40 during midday trading on Monday, hitting C$15.37. The stock had a trading volume of 15,850 shares, compared to its average volume of 7,699. Cervus Equipment Corp has a 52-week low of C$10.98 and a 52-week high of C$16.52.
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Cervus Equipment Corp Company Profile
Cervus Equipment Corporation primarily engages in the sale, after-sale service, and maintenance of agricultural, transportation, construction, and industrial equipment. It operates through three segments: Agricultural, Transportation, and Commercial and Industrial. The Agricultural segment offers tractors, combine harvesting equipment, tillage, seeding, nutrient management and soil preparation machinery, sprayers, hay and forage equipment, material handling, integrated agricultural systems technology, precision agricultural irrigation equipment and supplies, lawn and garden tractors, compact utility tractors, zero-turn radius and front mowers, and utility vehicles, as well as associated implements for mowing, tilling, snow and debris handling, aerating, and other turf applications.
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