Analyst Downgrades – Canam Group (TSE:CAM) Stock Gets Downgraded By Royal Bank of Canada from Outperform to Sector Perform

Analyst Ratings For Canam Group (TSE:CAM)

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Today, Canam Group (TSE:CAM) stock was downgraded by Royal Bank of Canada from Outperform to Sector Perform with a price target of C$12.30.

There are 3 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Canam Group (TSE:CAM) is Hold (Score: 2.40) with a consensus target price of C$10.76 per share, a potential .

Some recent analyst ratings include

  • 5/1/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$12.30 price target on the stock, up previously from C$8.50 .
  • 12/14/2016-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Outperform Market Weight ” rating to a ” Sector Perform Market Weight” rating.
  • 10/28/2016-Laurentian Bank of Canada Reiterated Rating of Buy.
  • 7/14/2016-Cormark was Downgraded by analysts at Cormark from a “Buy ” rating to a ” Market Perform” rating.

    About Canam Group (TSE:CAM)
    Canam Group Inc. is engaged in designing integrated solutions and fabricating products for the North American construction industry. The Company operates through the construction products segment, which includes many complementary goods and services. The Company’s service offer extends from the preconstruction phase to project management, including the erection of structural steel components. It also offers customers an array of complementary services ranging from virtual design and construction to Building Information Modeling (BIM), and the outsourcing of technical drawings. The Company operates approximately 20 plants across North America. The Company takes part in over 10,000 building, heavy steel and bridge projects. The Company is involved in the construction projects for commercial, light industrial, institutional or multi-residential buildings with an area of 10,765 to 1,399,355 square feet.

    Recent Trading Activity for Canam Group (TSE:CAM)
    Shares of Canam Group closed the previous trading session at 12.15 down -0.02 -0.16% with 332,571 shares trading hands.

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