Evertz Technologies (ET) has received a rating update from a Wall Street analyst today. Analyst Steven Li from Raymond James remains bullish on the stock and has a C$19 price target.
Li has an average return of 9.2% when recommending Evertz Technologies.
According to TipRanks.com, Li is ranked #635 out of 5208 analysts.
Read also: Reebonz (RBZ) Stock Can Reach C$11, Says Analyst
Evertz Technologies has an analyst consensus of Moderate Buy, with a price target consensus of C$19.50, which is a 9.9% upside from current levels. In a report released today, BMO Capital also reiterated a Buy rating on the stock with a C$20 price target.
.
The company has a one-year high of C$18.09 and a one-year low of C$14.68. Currently, Evertz Technologies has an average volume of 15.55K.
Evertz Technologies Ltd. engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the television, telecommunications, and new media industries. It offers routers; infrastructure products; compression products; multi-viewers; video replay; production and post-production; master sync, clock, and test; monitoring, control, and new management system; fiber and transport products; and playout and media management. The company was founded on May 28, 1981 and is headquartered in Burlington, Canada.
The company’s shares closed on Friday at C$17.75, close to its 52-week high of C$18.09.
