The stock of Rocky Mountain Dealerships Inc. (TSE:RME) is a huge mover today! About 34,036 shares traded hands or 5.82% up from the average. Rocky Mountain Dealerships Inc. (TSE:RME) has risen 44.39% since April 15, 2016 and is uptrending. It has outperformed by 40.53% the S&P500.
The move comes after 6 months positive chart setup for the $180.84 million company. It was reported on Nov, 21 by Barchart.com. We have $16.85 PT which if reached, will make TSE:RME worth $144.67 million more.
Rocky Mountain Dealerships Inc. (TSE:RME) Ratings Coverage
Out of 2 analysts covering Rocky Mountain Dealerships Inc. (TSE:RME), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $10.50 is the highest target while $7 is the lowest. The $8.64 average target is -7.69% below today’s ($9.36) stock price. Rocky Mountain Dealerships Inc. has been the topic of 12 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Thursday, August 13 by Scotia Capital. The company was upgraded on Friday, November 13 by IBC.
Rocky Mountain Dealerships Inc. is an agriculture equipment dealer with a network of full-service agriculture and industrial equipment stores across the Canadian Prairie Provinces. The company has a market cap of $180.84 million. The Firm operates in two divisions: agriculture segment and industrial segment. It has a 12.27 P/E ratio. The agriculture segment primarily includes sales of agricultural equipment, parts and services, and the industrial segment includes sales of industrial equipment, parts and services.
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