Royal Bank Of Canada Reiterates Sector Perform Rating for Exfo Inc (EXF)
Exfo Inc (TSE:EXF)‘s stock had its “sector perform” rating reissued by equities researchers at Royal Bank Of Canada in a research report issued on Wednesday, StockTargetPrices.com reports. They presently have a C$4.25 price target on the stock. Royal Bank Of Canada’s target price points to a potential downside of 16.01% from the stock’s previous close.
Shares of Exfo (TSE:EXF) opened at 5.06 on Wednesday. Exfo has a 12 month low of $3.62 and a 12 month high of $5.50. The company has a market cap of $272.71 million and a price-to-earnings ratio of 31.43. The company’s 50 day moving average price is $4.66 and its 200 day moving average price is $4.80.
Exfo Company Profile
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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