The stock of Heroux-Devtek Inc. (TSE:HRX) is a huge mover today! About 11,450 shares traded hands. Heroux-Devtek Inc. (TSE:HRX) has risen 12.11% since April 5, 2016 and is uptrending. It has outperformed by 7.33% the S&P500.
The move comes after 6 months negative chart setup for the $542.72M company. It was reported on Nov, 9 by Barchart.com. We have $13.53 PT which if reached, will make TSE:HRX worth $37.99M less.
Heroux-Devtek Inc. (TSE:HRX) Ratings Coverage
Out of 4 analysts covering Heroux-Devtek Inc (TSE:HRX), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $16.50 is the highest target while $13.50 is the lowest. The $15.69 average target is 7.84% above today’s ($14.55) stock price. Heroux-Devtek Inc has been the topic of 7 analyst reports since August 10, 2015 according to StockzIntelligence Inc. On Friday, October 7 the stock rating was upgraded by Raymond James to “Outperform”.
Another recent and important Heroux-Devtek Inc. (TSE:HRX) news was published by Bloomberg.com which published an article titled: “Heroux-Devtek Sees Boeing Becoming Biggest Customer on 777X Deal” on August 07, 2015.
Heroux-Devtek Inc. specializes in the design, development, manufacture and repair, and overhaul of landing gear and actuation systems and components for the aerospace market. The company has a market cap of $542.72 million. The Firm also makes electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls through its Magtron operations, as well as fluid filters products through its Bolton operations. It has a 19.27 P/E ratio. In the commercial sector, it operates in commercial and business jet, regional aircraft and helicopter markets.
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