Héroux-Devtek (TSE:HRX – Free Report) had its price target raised by Scotiabank from C$18.50 to C$19.50 in a research report released on Monday, BayStreet.CA reports. They currently have an outperform rating on the stock.
Separately, National Bankshares cut their price objective on shares of Héroux-Devtek from C$20.00 to C$19.00 and set an outperform rating for the company in a research report on Monday, November 13th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Héroux-Devtek currently has a consensus rating of Moderate Buy and an average target price of C$19.10.
Héroux-Devtek Stock Performance
Héroux-Devtek (TSE:HRX – Get Free Report) last announced its earnings results on Friday, November 10th. The company reported C$0.14 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.12 by C$0.02. The business had revenue of C$141.50 million during the quarter, compared to analyst estimates of C$138.50 million. Héroux-Devtek had a net margin of 2.88% and a return on equity of 4.45%. On average, sell-side analysts expect that Héroux-Devtek will post 1.0099602 EPS for the current year.
Héroux-Devtek Company Profile
Héroux-Devtek Inc engages in the design, development, manufacture, finishing, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company serves commercial and defence sectors of the aerospace market.
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