Cervus Equipment (CERV) Given New C$17.50 Price Target at CIBC

Cervus Equipment (TSE:CERV) had its price objective hoisted by CIBC from C$16.00 to C$17.50 in a report issued on Wednesday morning.

Other research analysts have also issued research reports about the company. TD Securities lifted their price target on Cervus Equipment from C$14.50 to C$16.00 in a report on Monday, November 13th. Raymond James Financial lifted their price target on Cervus Equipment from C$13.25 to C$17.00 and gave the stock a market perform rating in a report on Friday, November 10th. Finally, National Bank Financial lifted their price target on Cervus Equipment from C$17.00 to C$19.00 and gave the stock an outperform rating in a report on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of C$16.50.

Cervus Equipment (TSE:CERV) opened at C$15.03 on Wednesday. Cervus Equipment has a fifty-two week low of C$10.98 and a fifty-two week high of C$15.85. The company has a market capitalization of $234.58, a price-to-earnings ratio of 10.02 and a beta of 0.38.

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About Cervus Equipment

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.

Analyst Recommendations for Cervus Equipment (TSE:CERV)

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