Cervus Equipment Corp (TSE:CERV) had its price objective reduced by CIBC from C$17.00 to C$16.00 in a report issued on Monday. CIBC currently has a neutral rating on the stock.

Several other analysts also recently issued reports on the stock. Raymond James Financial, Inc. lifted their price target on shares of Cervus Equipment Corp from C$13.25 to C$17.00 and gave the company a market perform rating in a research report on Friday. National Bank Financial lifted their price objective on shares of Cervus Equipment Corp from C$17.00 to C$19.00 and gave the stock an outperform rating in a report on Friday. Finally, TD Securities lifted their price objective on shares of Cervus Equipment Corp from C$13.50 to C$14.50 in a report on Monday, August 14th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of C$16.20.

Cervus Equipment Corp (CERV) traded up C$0.40 during midday trading on Monday, reaching C$15.37. 15,850 shares of the company traded hands, compared to its average volume of 7,699. Cervus Equipment Corp has a twelve month low of C$10.98 and a twelve month high of C$16.52.

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About Cervus Equipment Corp

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.

Analyst Recommendations for Cervus Equipment Corp (TSE:CERV)

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