Avigilon (TSE:AVO) was upgraded by research analysts at Raymond James from a “market perform” rating to an “outperform” rating in a report released on Wednesday, StockRatingsNetwork.com reports. The firm currently has a C$35.00 price target on the stock. Raymond James’ target price points to a potential upside of 7.59% from the company’s current price.
Avigilon (TSE:AVO) traded down 2.15% during mid-day trading on Wednesday, hitting $31.83. The stock had a trading volume of 281,264 shares. Avigilon has a 52 week low of $11.01 and a 52 week high of $34.50. The stock has a 50-day moving average of $31.17 and a 200-day moving average of $25.. The company has a P/E ratio of 69.21.
A number of other firms have also recently commented on AVO. Analysts at RBC Capital raised their price target on shares of Avigilon from C$31.00 to C$32.00 in a research note on Wednesday. They now have a “sector perform” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Avigilon from C$50.00 to C$55.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Avigilon from C$32.00 to C$50.00 in a research note on Friday, January 24th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of C$37.13.
Avigilon Corporation (TSE:AVO) is engaged in designing, manufacturing and marketing of network-based video surveillance systems and equipment for the global security market.
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