Cervus Equipment Corp (CVL) Receives C$14.67 Average Target Price from Brokerages

Shares of Cervus Equipment Corp (TSE:CVL) have received an average rating of “Hold” from the eight ratings firms that are covering the firm. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$14.67.

Separately, Royal Bank of Canada cut Cervus Equipment Corp from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from C$17.00 to C$14.00 in a research report on Friday, March 17th.

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Cervus Equipment Corp (TSE:CVL) traded up 0.33% on Monday, hitting $15.20. 3,675 shares of the stock were exchanged. Cervus Equipment Corp has a one year low of $10.41 and a one year high of $16.52. The company has a 50 day moving average of $15.49 and a 200 day moving average of $13.37.

Cervus Equipment Corp Company Profile

Cervus Equipment Corp is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The Company acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It operates through three segments: Agriculture, Commercial and Industrial, and Transportation.

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