Analysts Set Canam Group Inc. (CAM) Price Target at $10.45

Canam Group Inc. (TSE:CAM) has been assigned a consensus rating of “Hold” from the six analysts that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$10.45.

CAM has been the subject of a number of research reports. Raymond James Financial, Inc. decreased their target price on Canam Group from C$12.30 to C$7.50 and set a “market perform” rating for the company in a report on Friday, April 28th. Royal Bank Of Canada downgraded Canam Group from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from C$8.50 to C$12.30 in a report on Monday, May 1st.

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Canam Group (TSE CAM) remained flat at $12.30 during midday trading on Tuesday. The company had a trading volume of 63,038 shares. Canam Group has a 12 month low of $5.57 and a 12 month high of $13.27. The firm’s 50-day moving average price is $12.21 and its 200-day moving average price is $9.03. The company’s market cap is $555.53 million.

About Canam Group

Canam Group Inc is a Canada-based compnay engaged in designing integrated solutions and fabricating products for the North American construction industry. The Company operates through the construction products segment, which includes many complementary goods and services. The Company’s service offer extends from the preconstruction phase to project management, including the erection of structural steel components.

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