Evertz Technologies (ET), the Consumer Goods sector company, was revisited by a Wall Street analyst today. Canaccord Genuity’s analyst Robert Young reiterates their Buy rating on the shares, with a C$19 price target.
According to TipRanks.com, Young is ranked #440 out of 5121 analysts.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Evertz Technologies with a C$19.33 average price target, implying a 23.3% upside from current levels. In a report released today, BMO Capital also maintained a Buy rating on the stock with a C$18 price target.
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Evertz Technologies’ market cap is currently C$1.16B and has a P/E ratio of 19.9. The company has a Price to Book ratio of 3.48.
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$15.68.
