Raymond James Remains a Buy on Rocky Mtn Dealership (RME)


In a new note to investors today, an analyst has provided a rating update for the Services sector company, Rocky Mtn Dealership (RME). Analyst Ben Cherniavsky from Raymond James rated Rocky Mtn Dealership (RME) a Buy, setting a C$11.50 price target.

According to TipRanks.com, Cherniavsky is ranked #703 out of 5194 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rocky Mtn Dealership with a C$10.67 average price target.

The company has a one-year high of C$12.55 and a one-year low of C$8.19. Currently, Rocky Mtn Dealership has an average volume of 20.32K.

Rocky Mountain Dealerships, Inc. is engaged in the distribution of agriculture and construction equipment. It also provides equipment inspections, field services, general repair, maintenance packages, post season inspections, and preventative maintenance. The company was founded on September 17, 2007 and is headquartered in Calgary, Canada.

The company’s shares closed on Friday at C$8.68, close to its 52-week low of C$8.19.

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