Evertz Technologies (TSE:ET)‘s stock had its “outperform” rating reiterated by investment analysts at Raymond James in a research report issued to clients and investors on Thursday. They currently have a C$18.00 price target on the stock. Raymond James’ price target would suggest a potential upside of 9.36% from the company’s current price.
Several other equities research analysts have also recently weighed in on the company. BMO Capital Markets reissued an “outperform” rating and issued a C$18.00 price target on shares of Evertz Technologies in a research note on Thursday, December 6th. Canaccord Genuity increased their price target on Evertz Technologies from C$18.50 to C$19.00 in a research note on Thursday, December 6th.
Shares of ET opened at C$16.46 on Thursday. Evertz Technologies has a 12-month low of C$14.68 and a 12-month high of C$18.12. The company has a quick ratio of 2.06, a current ratio of 4.02 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $1.25 billion and a price-to-earnings ratio of 20.86.
Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, postproduction, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, master control switchers, accessories, and network management systems, as well as keyers, and media and logo inserters.
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