Cervus Equipment Corp to Post Q3 2016 Earnings of $0.29 Per Share, National Bank Financial Forecasts (CVL)
Cervus Equipment Corp (TSE:CVL) – Investment analysts at National Bank Financial lifted their Q3 2016 earnings per share estimates for Cervus Equipment Corp in a research note issued to investors on Wednesday. National Bank Financial analyst G. Colman now anticipates that the brokerage will earn $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.
Other equities analysts have also issued reports about the stock. 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. 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. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Cervus Equipment Corp currently has an average rating of “Hold” and an average price target of C$12.44.
Cervus Equipment Corp (TSE:CVL) opened at 12.05 on Monday. The company has a 50-day moving average of $11.64 and a 200-day moving average of $11.47. The firm has a market cap of $189.15 million and a price-to-earnings ratio of 16.05. Cervus Equipment Corp has a 1-year low of $10.41 and a 1-year 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.
Receive News & Ratings for Cervus Equipment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cervus Equipment Corp and related companies with MarketBeat.com's FREE daily email newsletter.