Avigilon (TSE:AVO) had its target price raised by equities research analysts at BMO Capital Markets from C$21.00 to C$27.00 in a report issued on Friday. The firm currently has a “market perform” rating on the stock.
A number of other research firms also recently issued reports on AVO. Royal Bank of Canada increased their price target on Avigilon from C$20.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 8th. CIBC increased their price target on Avigilon from C$22.00 to C$27.00 and gave the stock a “neutral” rating in a research report on Friday. Scotiabank increased their price target on Avigilon from C$18.00 to C$20.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 8th. Finally, Raymond James Financial increased their price target on Avigilon from C$20.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 8th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$26.33.
Avigilon (TSE AVO) opened at C$27.00 on Friday. Avigilon has a 12-month low of C$13.15 and a 12-month high of C$27.07. The stock has a market capitalization of $1,190.00, a price-to-earnings ratio of 51.92 and a beta of 2.43.
Avigilon (TSE:AVO) last posted its quarterly earnings results on Tuesday, November 7th. The company reported C$0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.20 by C$0.16. Avigilon had a return on equity of 14.34% and a net margin of 8.37%. The business had revenue of C$135.67 million for the quarter, compared to the consensus estimate of C$141.17 million.
In related news, insider Dick (Ric) Leong sold 2,526 shares of the company’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of C$22.58, for a total transaction of C$57,037.08. Also, Director Wan Jung acquired 10,500 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were bought at an average price of C$20.65 per share, with a total value of C$216,825.00.
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Avigilon Corp is a provider of business intelligence and security solutions. The Company operates through the segment in which it designs, manufactures and markets video surveillance and access control software and equipment for the global security market. Its security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers.
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