Evertz Technologies (TSE:ET) had its target price boosted by equities research analysts at BMO Capital Markets from C$18.00 to C$19.00 in a note issued to investors on Thursday. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ price target indicates a potential upside of 15.43% from the company’s previous close.
A number of other brokerages have also recently commented on ET. Raymond James reissued an “outperform” rating and issued a C$18.00 price target on shares of Evertz Technologies in a research report on Thursday. Canaccord Genuity boosted their price target on Evertz Technologies from C$18.50 to C$19.00 in a research report on Thursday, December 6th.
Shares of ET opened at C$16.46 on Thursday. The company has a current ratio of 4.02, a quick ratio of 2.06 and a debt-to-equity ratio of 0.20. Evertz Technologies has a 52 week low of C$14.68 and a 52 week high of C$18.12. The company has a market capitalization of $1.25 billion and a PE ratio of 20.86.
Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, post?production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, master control switchers, accessories, and network management systems, as well as keyers, and media and logo inserters.
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