Canaccord Genuity downgraded shares of Avigilon (TSE:AVO) from a buy rating to a hold rating in a research note released on Friday, February 2nd. The brokerage currently has C$27.00 price objective on the stock, up from their prior price objective of C$25.00.
Other analysts have also recently issued reports about the stock. CIBC increased their price target on shares of Avigilon from C$22.00 to C$27.00 and gave the company a neutral rating in a research note on Friday, February 2nd. BMO Capital Markets reissued a market perform rating and set a C$21.00 price target on shares of Avigilon in a research note on Wednesday, November 8th. Raymond James Financial increased their price target on shares of Avigilon from C$20.00 to C$23.00 and gave the company an outperform rating in a research note on Wednesday, November 8th. Royal Bank of Canada raised their price objective on shares of Avigilon from C$23.00 to C$27.00 in a research note on Friday, February 2nd. Finally, Scotiabank raised their price objective on shares of Avigilon from C$18.00 to C$20.00 and gave the company a sector perform rating in a research note on Wednesday, November 8th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of C$26.33.
Shares of Avigilon (AVO) opened at C$26.82 on Friday. Avigilon has a 52 week low of C$13.15 and a 52 week high of C$27.07. The company has a market cap of $1,190.00, a P/E ratio of 50.60 and a beta of 2.43.
In related news, insider Dick (Ric) Leong sold 2,526 shares of the firm’s stock in a transaction on Monday, January 22nd. The shares were 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 company’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, for a total transaction of C$216,825.00.
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Avigilon Company Profile
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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