Spectra7 Microsys (SEV) Receives a Sell from Canaccord Genuity


In a new note to investors yesterday, an analyst has provided a rating update for the Consumer Goods sector company, Spectra7 Microsys (SEV). Canaccord Genuity’s analyst Robert Young reiterates their Sell rating on the shares, with a C$0.05 price target.

Young has an average return of 15.7% when recommending Spectra7 Microsys.

According to TipRanks.com, Young is ranked #339 out of 5190 analysts.

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Currently, the analyst consensus on Spectra7 Microsys is a Moderate Sell with an average price target of C$0.05.

The company has a one-year high of C$0.22 and a one-year low of C$0.06. Currently, Spectra7 Microsys has an average volume of 187.2K.

Spectra7 Microsystems Inc. operates as an analog semiconductor company, which delivers unprecedented bandwidth, speed, and resolution to enable disruptive industrial design for electronics manufacturers in Virtual Reality (VR), Augmented Reality (AR), data centers and other connectivity markets.

The company’s shares closed on Thursday at C$0.06, equals to its 52-week low of C$0.06.

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