Analyst Downgrades – Cervus Equipment Corp (TSE:CVL) Stock Gets Downgraded By Royal Bank of Canada from Outperform to Sector Perform

ME Staff
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Analyst Ratings For Cervus Equipment Corp (TSE:CVL)

Today, Cervus Equipment Corp (TSE:CVL) stock was downgraded by Royal Bank of Canada from Outperform to Sector Perform with a price target of C$14.00.

There are 5 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Cervus Equipment Corp (TSE:CVL) is Hold (Score: 2.38) with a consensus target price of C$13.32 per share, a potential .

Some recent analyst ratings include

  • 3/17/2017-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$14.00 price target on the stock, up previously from C$17.00 .
  • 11/23/2016-Laurentian Bank of Canada Reiterated Rating of Hold.
  • 11/10/2016-CIBC Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
  • 11/10/2016-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Outperform ” rating to a ” Market Perform” rating.
  • 6/8/2016-AltaCorp Capital Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.


    About Cervus Equipment Corp (TSE:CVL)
    Cervus Equipment Corp is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The Company acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It operates through three segments: Agriculture, Commercial and Industrial, and Transportation. The Company’s Agricultural equipment segment sells and services agricultural and turf equipment manufactured by John Deere. The Company’s Commercial and Industrial equipment segment sells and services commercial and industrial equipment. It includes light and medium construction equipment dealerships selling Bobcat and JCB construction equipment. It also includes material handling equipment dealership. The Company’s Transportation equipment segment sells and services a range of Peterbilt trucks, including road conventional, vocational, and medium-duty pick-up and delivery trucks.

    Recent Trading Activity for Cervus Equipment Corp (TSE:CVL)
    Shares of Cervus Equipment Corp closed the previous trading session at 13.25 down -0.21 -1.56% with 5,570 shares trading hands.