Exco Technologies Limited (XTC) Receives “Outperform” Rating from Scotiabank

Scotiabank restated their outperform rating on shares of Exco Technologies Limited (TSE:XTC) in a research note issued to investors on Friday morning. The firm currently has a C$15.00 price objective on the stock.

Separately, BMO Capital Markets reduced their price target on shares of Exco Technologies Limited from C$13.00 to C$11.50 in a research note on Friday, December 2nd.

Exco Technologies Limited (TSE:XTC) traded up 0.29% during mid-day trading on Friday, reaching $10.48. 9,834 shares of the company’s stock traded hands. Exco Technologies Limited has a 12-month low of $9.89 and a 12-month high of $16.17. The stock has a 50 day moving average of $10.86 and a 200 day moving average of $11.51. The company has a market cap of $446.29 million and a P/E ratio of 9.53.

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Exco Technologies Limited Company Profile

Exco Technologies Limited is a designer, developer and manufacturer of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. The Company’s segments include casting and extrusion, and automotive solutions. The casting and extrusion segment designs, develops and manufactures die-casting and extrusion tooling, and consumable parts for both aluminum die-casting and aluminum extrusion machines.

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