RBC Capital analyst Steve Arthur reiterated a Hold rating on Exfo Inc (NASDAQ: EXFO) on July 11 and set a price target of $4.50. The company’s shares closed yesterday at $3.40, close to its 52-week low of $3.16.
According to TipRanks.com, Arthur is ranked #330 out of 4842 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Exfo Inc with a $4 average price target, which is a 17.6% upside from current levels. In a report issued on July 10, BMO Capital also reiterated a Hold rating on the stock with a $4.25 price target.
.
See today’s analyst top recommended stocks >>
Based on Exfo Inc’s latest earnings release for the quarter ending May 31, the company reported a quarterly GAAP net loss of $5.97 million. In comparison, last year the company had a GAAP net loss of $4.3 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
EXFO, Inc. engages in the provision of next-generation test, service assurance and analytics solutions for fixed and mobile communications service providers, web-scale operators as well as network equipment manufacturers in the global telecommunications industry.
