Q4 2016 EPS Estimates for Cervus Equipment Corp (CVL) Boosted by Analyst

Cervus Equipment Corp (TSE:CVL) – National Bank Financial increased their Q4 2016 earnings per share (EPS) estimates for Cervus Equipment Corp in a research note issued to investors on Wednesday. National Bank Financial analyst G. Colman now expects that the brokerage will earn $0.28 per share for the quarter, up from their prior estimate of $0.25.

Several other research analysts have also recently commented on CVL. AltaCorp Capital upgraded shares of Cervus Equipment Corp from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, June 8th. Raymond James Financial Inc. upped their target price on shares of Cervus Equipment Corp from C$11.00 to C$12.50 in a research report on Friday, August 12th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of C$12.44.

Shares of Cervus Equipment Corp (TSE:CVL) traded up 0.35% during mid-day trading on Friday, hitting $11.55. The stock had a trading volume of 7,592 shares. The company’s 50 day moving average price is $11.59 and its 200 day moving average price is $11.48. Cervus Equipment Corp has a 12-month low of $10.41 and a 12-month high of $15.35. The stock has a market cap of $181.30 million and a P/E ratio of 15.38.

Cervus Equipment Corp Company Profile

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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