Cervus Equipment Corp Price Target has been increased. In a research note on Friday, CIBC raised its price objective for Cervus Equipment Corp (TSX-V:$CERV) from C$15.00 to C$17.00.

Cervus is primarily focused on the sale and after-sale service of agricultural, transportation, construction, and industrial equipment. The business has three main divisions; agricultural, transportation, and commercial.

Other analysts have also weighed in on the company recently:

• National Bank Financial: In a research note on Thursday, 27th, this firm gave the stock an ‘Outperform’ rating and raised their price target from C$16.00 to C$17.00.

• Raymond James Financial: In a research note on Monday, August 14th, Raymond James gave the stock a ‘Market-Perform’ rating and raised their price target from C$12.00 to C$13.25.
• TD Securities: In a research note on Monday, August 14th, TD increased their price target from C$13.50 to C$14.50.

In total, the company has four ‘Hold’ ratings and three ‘Buy’ ratings, giving it an average consensus of ‘Hold’ and an average target price of C$14.95.

On Friday, Cervus stock opened at $14.58. They have a 52 week low of $10.98 and a 52 week high of $16.52. They have a 50 day moving average of $13.67 and a 200 day moving average of $12.51.

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