Heroux-Devtek (HRX) Receives a Buy from Raymond James


Today, an analyst has provided a rating update for Heroux-Devtek (HRX). Analyst Ben Cherniavsky from Raymond James reiterated a Buy rating, with a C$19.50 price target.

Cherniavsky has an average return of 12.9% when recommending Heroux-Devtek.

According to TipRanks.com, Cherniavsky is ranked #726 out of 5170 analysts.

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Heroux-Devtek has an analyst consensus of Moderate Buy, with a price target consensus of C$19.50.

Heroux-Devtek’s market cap is currently C$581.1M and has a P/E ratio of 29.1. The company has a Price to Book ratio of 1.48.

Héroux-Devtek, Inc. engages in the design, development, manufacture and overhaul of landing gear systems and components. It also includes electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems, and aircraft controls through its Magtron operations as well as fluid filters products.

The company’s shares closed on Friday at C$15.78.

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