Héroux-Devtek (TSE:HRX) Price Target Raised to C$28.00 at TD Securities

Héroux-Devtek (TSE:HRX) had its target price boosted by TD Securities from C$23.00 to C$28.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Scotiabank lifted their price target on Héroux-Devtek from C$22.50 to C$27.00 and gave the stock an outperform rating in a research report on Thursday. Desjardins lifted their target price on Héroux-Devtek from C$26.00 to C$37.00 and gave the stock a buy rating in a report on Thursday. Finally, National Bankshares increased their price objective on Héroux-Devtek from C$26.00 to C$29.00 and gave the company an outperform rating in a research report on Thursday.

Héroux-Devtek Stock Up 0.4 %

Shares of Héroux-Devtek stock opened at C$23.10 on Thursday. The company has a 50-day moving average of C$19.38 and a 200 day moving average of C$17.32. Héroux-Devtek has a 1 year low of C$13.09 and a 1 year high of C$23.98. The firm has a market cap of C$777.32 million, a price-to-earnings ratio of 33.00, a PEG ratio of 1.02 and a beta of 1.62. The company has a debt-to-equity ratio of 54.60, a current ratio of 2.19 and a quick ratio of 0.96.

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.