Cervus Equipment Corp (TSE:CVL) – Equities researchers at National Bank Financial upped their Q3 2016 earnings per share (EPS) estimates for shares of Cervus Equipment Corp in a report issued on Wednesday. National Bank Financial analyst G. Colman now anticipates that the brokerage will post earnings of $0.29 per share for the quarter, up from their previous forecast of $0.27. National Bank Financial also issued estimates for Cervus Equipment Corp’s FY2017 earnings at $0.81 EPS.
Several other brokerages have also recently commented on CVL. AltaCorp Capital raised Cervus Equipment Corp from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, June 8th. Raymond James Financial Inc. boosted their price target on Cervus Equipment Corp from C$11.00 to C$12.50 in a research note on Friday, August 12th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$12.44.
Shares of Cervus Equipment Corp (TSE:CVL) opened at 11.58 on Monday. The stock’s 50 day moving average is $11.59 and its 200-day moving average is $11.47. The firm has a market cap of $181.77 million and a P/E ratio of 15.42. Cervus Equipment Corp has a 52-week low of $10.41 and a 52-week high of $15.35.
About Cervus Equipment Corp
Cervus Equipment Corporation is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The Company acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It operates through three segments: Agriculture, Commercial and Industrial, and Transportation.
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