Armtec Infrastructure (TSE: ARF) had its target price lifted by Canaccord Genuity from $1.50 to $2.10 in a report released on Wednesday. Canaccord Genuity currently has a hold rating on the stock.

A number of other firms have also recently commented on ARF. Analysts at Raymond James reiterated an outperform rating on shares of Armtec Infrastructure in a research note to investors on Thursday, January 3rd.

Armtec Infrastructure (TSE: ARF) opened at 2.46 on Wednesday. Armtec Infrastructure has a 52-week low of $1.25 and a 52-week high of $3.60. The stock’s 50-day moving average is currently $2.97.

Armtec Infrastructure Income Fund (the Fund) is an open-ended, limited purpose trust. It is a manufacturer and marketer of a range of infrastructure products and engineered construction solutions for customers in diverse industries that are located in Canada and North America.

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