BMO Capital Markets Increases Avigilon (AVO) Price Target to C$27.00

Avigilon (TSE:AVO) had its target price upped by BMO Capital Markets from C$21.00 to C$27.00 in a research note published on Friday morning. The firm currently has a market perform rating on the stock.

A number of other equities analysts have also weighed in on the company. CIBC increased their target price on Avigilon from C$22.00 to C$27.00 and gave the stock a neutral rating in a research note on Friday. Scotiabank increased their target price on Avigilon from C$18.00 to C$20.00 and gave the stock a sector perform rating in a research note on Wednesday, November 8th. Royal Bank of Canada increased their target price on Avigilon from C$20.00 to C$23.00 and gave the stock an outperform rating in a research note on Wednesday, November 8th. Finally, Raymond James Financial increased their target price on Avigilon from C$20.00 to C$23.00 and gave the stock an outperform rating in a research note on Wednesday, November 8th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of C$26.33.

Avigilon (TSE AVO) opened at C$26.91 on Friday. The firm has a market capitalization of $1,190.00, a P/E ratio of 50.77 and a beta of 2.43. Avigilon has a 52 week low of C$13.15 and a 52 week high of C$27.07.

Avigilon (TSE:AVO) last announced its earnings results on Tuesday, November 7th. The company reported C$0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.20 by C$0.16. The company had revenue of C$135.67 million for the quarter, compared to analyst estimates of C$141.17 million. Avigilon had a return on equity of 14.34% and a net margin of 8.37%.

In other Avigilon news, insider Dick (Ric) Leong sold 2,526 shares of the firm’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of C$22.58, for a total transaction of C$57,037.08. Also, Director Wan Jung acquired 10,500 shares of the stock in a transaction on Friday, December 1st. The shares were bought at an average price of C$20.65 per share, for a total transaction of C$216,825.00.

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Avigilon Company Profile

Avigilon Corp is a provider of business intelligence and security solutions. The Company operates through the segment in which it designs, manufactures and markets video surveillance and access control software and equipment for the global security market. Its security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers.

Analyst Recommendations for Avigilon (TSE:AVO)

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