Raymond James reissued their outperform rating on shares of Heroux Devtek (TSE:HRX) in a research report report published on Friday morning. The firm currently has a C$17.00 price objective on the stock.
Other equities research analysts have also recently issued reports about the stock. TD Securities increased their target price on shares of Heroux Devtek from C$17.50 to C$19.50 and gave the company a buy rating in a research report on Friday. Royal Bank of Canada reduced their target price on shares of Heroux Devtek from C$20.00 to C$19.00 and set an outperform rating for the company in a research report on Tuesday, November 13th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Heroux Devtek has a consensus rating of Buy and a consensus price target of C$18.75.
Shares of TSE HRX opened at C$14.40 on Friday. The stock has a market capitalization of $507.17 million and a PE ratio of 26.18. The company has a quick ratio of 0.91, a current ratio of 2.21 and a debt-to-equity ratio of 73.44. Heroux Devtek has a 52 week low of C$11.05 and a 52 week high of C$16.75.
Heroux Devtek Company Profile
Héroux-Devtek Inc engages in the design, development, manufacture, integration, testing, and repair and overhaul of aircraft landing gears, hydraulic flight control actuators, and fracture-critical components in Canada, the United States, and the United Kingdom. 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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