Cervus Equipment (TSE:CERV) hit a new 52-week high during trading on Wednesday . The company traded as high as C$14.75 and last traded at C$14.80, with a volume of 54996 shares trading hands. The stock had previously closed at C$14.58.

Several equities research analysts have recently issued reports on CERV shares. TD Securities raised their price objective on Cervus Equipment from C$16.00 to C$16.50 and gave the stock a “hold” rating in a report on Friday, March 16th. Raymond James raised their price objective on Cervus Equipment from C$15.75 to C$16.00 and gave the stock a “market perform” rating in a report on Monday.

About Cervus Equipment

Cervus Equipment Corporation primarily engages in the sale, after-sale service, and maintenance of agricultural, transportation, construction, and industrial equipment. It operates through three segments: Agricultural, Transportation, and Commercial and Industrial. The Agricultural segment offers tractors, combine harvesting equipment, tillage, seeding, nutrient management and soil preparation machinery, sprayers, hay and forage equipment, material handling, integrated agricultural systems technology, precision agricultural irrigation equipment and supplies, lawn and garden tractors, compact utility tractors, zero-turn radius and front mowers, and utility vehicles, as well as associated implements for mowing, tilling, snow and debris handling, aerating, and other turf applications.

Receive News & Ratings for Cervus Equipment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cervus Equipment and related companies with MarketBeat.com's FREE daily email newsletter.