Evertz Technologies (ET) Earns Outperform Rating from Raymond James

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Evertz Technologies (TSE:ET)‘s stock had its “outperform” rating reaffirmed by equities researchers at Raymond James in a research report issued on Thursday. They currently have a C$18.00 target price on the stock. Raymond James’ target price would suggest a potential upside of 9.36% from the company’s previous close.

A number of other research analysts have also weighed in on the company. BMO Capital Markets restated an “outperform” rating and issued a C$18.00 target price on shares of Evertz Technologies in a report on Thursday, December 6th. Canaccord Genuity increased their price target on Evertz Technologies from C$18.50 to C$19.00 in a research report on Thursday, December 6th.

ET stock opened at C$16.46 on Thursday. Evertz Technologies has a twelve month low of C$14.68 and a twelve month high of C$18.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.06 and a current ratio of 4.02. The company has a market capitalization of $1.25 billion and a PE ratio of 20.86.

About Evertz Technologies

Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, post–production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, master control switchers, accessories, and network management systems, as well as keyers, and media and logo inserters.

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