National Bank Financial Equities Analysts Boost Earnings Estimates for Cervus Equipment Corp (CVL)
Cervus Equipment Corp (TSE:CVL) – Analysts at National Bank Financial lifted their Q4 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 firm will earn $0.28 per share for the quarter, up from their previous estimate of $0.25.
A number of other research firms also recently weighed in on CVL. AltaCorp Capital raised 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 price target on 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 company. The stock has a consensus rating of “Hold” and a consensus price target of C$12.44.
Shares of Cervus Equipment Corp (TSE:CVL) opened at 11.58 on Friday. The firm’s 50 day moving average is $11.59 and its 200-day moving average is $11.47. The firm has a market capitalization of $181.77 million and a PE ratio of 15.42. Cervus Equipment Corp has a one year low of $10.41 and a one year high of $15.35.
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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