H�roux-Devtek (TSE:HRX)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$15.63 and last traded at C$15.65, with a volume of 4987 shares traded. The stock had previously closed at C$15.42.
A number of equities analysts have issued reports on HRX shares. Raymond James increased their price target on H�roux-Devtek from C$16.50 to C$17.00 and gave the stock an “outperform” rating in a report on Wednesday, February 28th. TD Securities increased their price target on H�roux-Devtek from C$15.00 to C$16.50 and gave the stock a “hold” rating in a report on Thursday, February 8th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of C$17.70.
In related news, insider Gaétan Roy sold 3,300 shares of the stock in a transaction on Friday, March 9th. The stock was sold at an average price of C$15.00, for a total value of C$49,500.00.
Héroux-Devtek Inc engages in the design, development, manufacture, repair, and overhaul of aircraft landing gears, hydraulic flight control actuators, and fracture-critical components in Canada, the United States, the United Kingdom, and internationally. The company also manufactures and sells hydraulic systems, fluid filtration systems, electronic enclosures, heat exchangers, and cabinets for suppliers of airborne radar, electro-optic systems, and aircraft controls.
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