The Services sector company, Rocky Mtn Dealership (RME), has received a rating update from a Wall Street analyst today. Analyst Ben Cherniavsky from Raymond James reiterated a Buy rating, with a C$11.50 price target.
According to TipRanks.com, Cherniavsky is ranked #503 out of 5252 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$10.83 average price target.
Rocky Mtn Dealership’s market cap is currently C$173.8M and has a P/E ratio of 8.8. The company has a Price to Book ratio of 0.85.
Rocky Mountain Dealerships, Inc. engages 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 Thursday at C$8.78, close to its 52-week low of C$8.19.
