On August 10, an analyst has provided a rating update for the Consumer Goods sector company, Heroux-Devtek (TSX: HRX). The company received a Hold on August 10 from TD Securities’ analyst Tim James, with a C$19 price target.
According to TipRanks.com, James is ranked #1471 out of 4848 analysts.
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Currently, the analyst consensus on Heroux-Devtek is a Moderate Buy with an average price target of C$19.25.
Based on Heroux-Devtek’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$3.55 million. In comparison, last year the company had a net profit of C$4.03 million.
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$15.19.
