It Seems Cervus Equipment Corp Will Go Up. Have Another Big Increase

 It Seems Cervus Equipment Corp Will Go Up. Have Another Big Increase

The stock of Cervus Equipment Corp (TSE:CVL) is a huge mover today! About 12,331 shares traded hands or 8.84% up from the average. Cervus Equipment Corp (TSE:CVL) has risen 17.27% since April 5, 2016 and is uptrending. It has outperformed by 12.49% the S&P500.
The move comes after 7 months positive chart setup for the $231.51 million company. It was reported on Nov, 9 by Barchart.com. We have $23.80 PT which if reached, will make TSE:CVL worth $169.00M more.

Cervus Equipment Corp (TSE:CVL) Ratings Coverage

Out of 3 analysts covering Cervus Equipment (TSE:CVL), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $19 is the highest target while $12 is the lowest. The $13.98 average target is 1.60% above today’s ($13.76) stock price. Cervus Equipment has been the topic of 16 analyst reports since August 13, 2015 according to StockzIntelligence Inc. TD Securities maintained the stock with “Hold” rating in Monday, August 24 report. Scotia Capital maintained Cervus Equipment Corp (TSE:CVL) rating on Friday, August 14. Scotia Capital has “Sector Perform” rating and $16 price target. The stock of Cervus Equipment Corp (TSE:CVL) has “Sector Outperformer” rating given on Tuesday, October 13 by IBC.

Another recent and important Cervus Equipment Corp (TSE:CVL) news was published by Reuters.com which published an article titled: “BRIEF-Cervus Equipment Corp announces third quarter 2016 results” on November 08, 2016.

Cervus Equipment Corporation is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The company has a market cap of $231.51 million. The Firm acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It has a 18.68 P/E ratio. It operates through three divisions: Agriculture, Commercial and Industrial, and Transportation.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment