Shares of Evertz Technologies (ET) were revisited by a Wall Street analyst today. BMO Capital’s analyst Thanos Moschopoulos reiterates their Buy rating on the shares, with a C$19 price target.
According to TipRanks.com, Moschopoulos is a 3-star analyst with an average return of 2.0% and a 69.9% success rate. Moschopoulos covers the Technology sector, focusing on stocks such as Maxar Technologies Ltd, CGI Group, and Open Text.
Read also: Kraft Heinz (KHC): There Goes the Buy Rating, Merrill Lynch Downgrades the Stock
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Evertz Technologies with a C$18.50 average price target, which is a 13.4% upside from current levels. In a report released today, Raymond James also maintained a Buy rating on the stock with a C$18 price target.
.
Evertz Technologies’ market cap is currently C$1.23B and has a P/E ratio of 20. The company has a Price to Book ratio of 3.62.
Evertz Technologies Ltd. engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the television, telecommunications, and new media industries. It offers routers; infrastructure products; compression products; multi-viewers; video replay; production and post-production; master sync, clock, and test; monitoring, control, and new management system; fiber and transport products; and playout and media management. The company was founded on May 28, 1981 and is headquartered in Burlington, Canada.
The company’s shares closed on Thursday at C$16.32.
