ACT Energy Technologies (TSE:ACX) Price Target Raised to C$7.25

ACT Energy Technologies (TSE:ACX) had its target price increased by ATB Capital from C$6.50 to C$7.25 in a report issued on Wednesday morning,BayStreet.CA reports. ATB Capital currently has an outperform rating on the stock.

Separately, Raymond James Financial boosted their price target on ACT Energy Technologies from C$8.75 to C$10.00 and gave the stock an “outperform” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, ACT Energy Technologies presently has a consensus rating of “Buy” and an average target price of C$8.63.

ACT Energy Technologies Stock Up 2.2%

ACT Energy Technologies stock opened at C$5.05 on Wednesday. The business’s 50-day moving average price is C$5.15. The firm has a market cap of C$168.98 million, a price-to-earnings ratio of 7.01 and a beta of 0.75. ACT Energy Technologies has a fifty-two week low of C$4.23 and a fifty-two week high of C$6.98.

About ACT Energy Technologies

ACT Energy Technologies Ltd. is based in Calgary, Alberta, Canada. We operate in Canada and in the United States as Altitude Energy Partners, and in the U.S. under Discovery Downhole Services and Rime Downhole Technologies.