Evertz Technologies (ET) Receives a Buy from BMO Capital


Today, an analyst has provided a rating update for the Consumer Goods sector company, Evertz Technologies (ET). Analyst Thanos Moschopoulos from BMO Capital rated Evertz Technologies (ET) a Buy, setting a C$18 price target.

According to TipRanks.com, Moschopoulos is ranked #2014 out of 5121 analysts.

Read also: This Analyst Presses the ‘Buy’ Button on Foot Locker (FL) Stock on Back of Strong Earnings

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, which is a 23.3% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a C$19 price target.

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The company has a one-year high of C$19.51 and a one-year low of C$14.68. Currently, Evertz Technologies has an average volume of 29.95K.

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.

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