Cervus Equipment Corp (CERV) Given New C$13.25 Price Target at Raymond James Financial, Inc.

Cervus Equipment Corp (TSE:CERV) had its target price cut by Raymond James Financial, Inc. from C$16.00 to C$13.25 in a report issued on Friday morning. They currently have a market perform rating on the stock.

Separately, Royal Bank of Canada decreased their price objective on shares of Cervus Equipment Corp from C$17.00 to C$14.00 and set a sector perform rating for the company in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of C$14.08.

Shares of Cervus Equipment Corp (TSE:CERV) remained flat at $13.25 during midday trading on Friday. The stock had a trading volume of 20,982 shares. Cervus Equipment Corp has a one year low of $10.41 and a one year high of $16.52. The stock has a market cap of $208.61 million and a PE ratio of 11.45. The stock’s 50 day moving average price is $14.58 and its 200 day moving average price is $14.14.

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