Cervus Equipment Corp (TSE:CERV) had its target price dropped by investment analysts at Royal Bank of Canada from C$17.00 to C$14.00 in a research note issued on Friday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 5.66% from the company’s current price.
Shares of Cervus Equipment Corp (TSE:CERV) opened at 12.70 on Friday. The stock’s 50 day moving average price is $14.51 and its 200-day moving average price is $14.18. Cervus Equipment Corp has a 12-month low of $10.42 and a 12-month high of $16.52. The company has a market cap of $199.95 million and a PE ratio of 10.98.
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