CIBC Boosts Cervus Equipment Corp (CERV) Price Target to C$17.00

Cervus Equipment Corp (TSE:CERV) had its target price boosted by equities researchers at CIBC from C$15.00 to C$17.00 in a research note issued on Friday. CIBC’s target price indicates a potential upside of 18.47% from the company’s current price.

A number of other brokerages also recently issued reports on CERV. Raymond James Financial, Inc. raised their price target on shares of Cervus Equipment Corp from C$12.00 to C$13.25 and gave the company a “market perform” rating in a report on Monday, August 14th. TD Securities raised their price target on shares of Cervus Equipment Corp from C$13.50 to C$14.50 in a report on Monday, August 14th. Finally, National Bank Financial raised their price target on shares of Cervus Equipment Corp from C$16.00 to C$17.00 and gave the company an “outperform” rating in a report on Thursday, July 27th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of C$14.95.

TRADEMARK VIOLATION WARNING: “CIBC Boosts Cervus Equipment Corp (CERV) Price Target to C$17.00” was originally published by TrueBlueTribune and is the property of of TrueBlueTribune. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://www.truebluetribune.com/2017/10/13/cibc-boosts-cervus-equipment-corp-cerv-price-target-to-c17-00.html.

About Cervus Equipment Corp

Cervus Equipment Corporation primarily engages in the sale, after-sale service, and maintenance of agricultural, transportation, construction, and industrial equipment. It operates through three segments: Agricultural, Transportation, and Commercial and Industrial. The Agricultural segment offers tractors, combine harvesting equipment, tillage, seeding, nutrient management and soil preparation machinery, sprayers, hay and forage equipment, material handling, integrated agricultural systems technology, precision agricultural irrigation equipment and supplies, lawn and garden tractors, compact utility tractors, zero-turn radius and front mowers, and utility vehicles, as well as associated implements for mowing, tilling, snow and debris handling, aerating, and other turf applications.

Analyst Recommendations for Cervus Equipment Corp (TSE:CERV)

Receive News & Ratings for Cervus Equipment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cervus Equipment Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply