Shares of Cervus Equipment Corp (TSE:CERV) have received a consensus recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$16.50.
A number of research analysts recently commented on CERV shares. TD Securities increased their target price on shares of Cervus Equipment from C$14.50 to C$16.00 in a research report on Monday, November 13th. CIBC dropped their target price on shares of Cervus Equipment from C$17.00 to C$16.00 and set a “neutral” rating on the stock in a research report on Monday, November 13th.
Shares of Cervus Equipment (TSE:CERV) traded up C$0.04 during trading hours on Friday, hitting C$14.30. 1,229 shares of the company’s stock were exchanged, compared to its average volume of 6,511. Cervus Equipment has a 52 week low of C$10.98 and a 52 week high of C$15.85. The stock has a market cap of $223.86, a P/E ratio of 9.51 and a beta of 0.33.
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Cervus Equipment 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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