Cervus Equipment Corp (TSE:CERV) had its price objective raised by National Bank Financial from C$17.00 to C$19.00 in a research report sent to investors on Friday. They currently have an outperform rating on the stock.
A number of other analysts also recently issued reports on CERV. Raymond James Financial, Inc. boosted their price objective on shares of Cervus Equipment Corp from C$12.00 to C$13.25 and gave the company a market perform rating in a report on Monday, August 14th. TD Securities boosted their price objective on shares of Cervus Equipment Corp from C$13.50 to C$14.50 in a report on Monday, August 14th. Finally, CIBC boosted their price objective on shares of Cervus Equipment Corp from C$15.00 to C$17.00 in a report on Friday, October 13th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Cervus Equipment Corp presently has an average rating of Hold and an average price target of C$16.10.
Shares of Cervus Equipment Corp (CERV) opened at C$14.97 on Friday. Cervus Equipment Corp has a twelve month low of C$10.98 and a twelve month high of C$16.52.
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About Cervus Equipment Corp
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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