National Bankshares Raises Héroux-Devtek (TSE:HRX) Price Target to C$21.00

Héroux-Devtek (TSE:HRX) had its price objective increased by National Bankshares from C$18.50 to C$21.00 in a report published on Tuesday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other research analysts have also recently weighed in on the stock. TD Securities lifted their price target on shares of Héroux-Devtek from C$18.00 to C$19.00 and gave the stock a hold rating in a research note on Monday, April 5th. National Bank Financial lifted their target price on shares of Héroux-Devtek to C$21.00 and gave the company an outperform rating in a research note on Tuesday. Scotiabank lifted their target price on shares of Héroux-Devtek from C$19.00 to C$22.00 in a research note on Monday, February 8th. Finally, Raymond James upgraded shares of Héroux-Devtek from a market perform rating to an outperform rating and lifted their target price for the company from C$12.50 to C$17.50 in a research note on Monday, February 8th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of Buy and an average price target of C$20.10.

Shares of Héroux-Devtek stock opened at C$16.56 on Tuesday. The company’s fifty day simple moving average is C$16.40 and its 200-day simple moving average is C$14.79. The stock has a market capitalization of C$602.49 million and a PE ratio of -9.89. Héroux-Devtek has a 1-year low of C$8.95 and a 1-year high of C$17.31. The company has a debt-to-equity ratio of 75.80, a current ratio of 2.30 and a quick ratio of 0.94.

About Héroux-Devtek

Héroux-Devtek Inc engages in the design, development, manufacture, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company is also involved in the designing, developing, manufacturing, assembling, and testing fluid filtration applications; and provides various products for aero engine fuel and oil systems, aircraft hydraulic systems, pressure differential indicators, and by-pass and other valves.

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Analyst Recommendations for Héroux-Devtek (TSE:HRX)

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