Héroux-Devtek (OTCMKTS:HERXF) Price Target Lowered to C$21.00 at Scotiabank

Héroux-Devtek (OTCMKTS:HERXF – Get Rating) had its price target decreased by Scotiabank from C$24.00 to C$21.00 in a report released on Friday, The Fly reports.

HERXF has been the subject of a number of other reports. National Bank Financial lowered their target price on Héroux-Devtek from C$26.00 to C$25.00 in a report on Friday. Desjardins lowered their target price on Héroux-Devtek from C$26.00 to C$25.00 in a report on Friday, February 11th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Héroux-Devtek currently has an average rating of Buy and an average target price of $22.90.

Shares of HERXF opened at $11.62 on Friday. Héroux-Devtek has a 1 year low of $10.49 and a 1 year high of $15.38. The business has a 50-day moving average of $12.65 and a 200-day moving average of $13.44.

About Héroux-Devtek (Get Rating)

Héroux-Devtek Inc engages in the design, development, manufacture, assembling, 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 surface treatment of landing gear components; assembling and installation of aircraft components at customer assembly lines, as well as offers electronic enclosures, heat exchangers, cabinets, and titanium components.

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