Yesterday, an analyst has provided a rating update for the Consumer Goods sector company, Evertz Technologies (TSX: ET). BMO Capital’s analyst Thanos Moschopoulos reiterates their Buy rating on the shares, with a C$18 price target.
Moschopoulos has an average return of 7.2% when recommending Evertz Technologies.
According to TipRanks.com, Moschopoulos is ranked #1210 out of 4829 analysts.
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Currently, the analyst consensus on Evertz Technologies is Moderate Buy and the average price target is C$18.13, representing a 5.5% upside.
In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a C$18.25 price target.
The company has a one-year high of C$19.73 and a one-year low of C$16.49. Currently, Evertz Technologies has an average volume of 13.05K.
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 Tuesday at C$17.19.
