Royal Bank Of Canada reissued their sector perform rating on shares of Exfo Inc (TSE:EXF) in a research note published on Wednesday morning, StockTargetPrices.com reports. They currently have a C$4.25 price objective on the stock, down from their previous price objective of C$5.50.
Exfo (TSE:EXF) opened at 5.26 on Wednesday. Exfo has a 52-week low of $3.65 and a 52-week high of $5.50. The company’s 50-day moving average price is $4.78 and its 200-day moving average price is $4.83. The firm has a market cap of $283.49 million and a price-to-earnings ratio of 32.67.
EXFO Inc, formerly EXFO Electro-Optical Engineering Inc, designs, manufactures and markets test, service assurance and network visibility solutions for fixed and mobile network operators, Web-scale service providers, as well as equipment manufacturers in the global telecommunications industry. The Company focuses on network infrastructures, including fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.
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