ACT Energy Technologies (TSE:ACX) Price Target Raised to C$10.00 at Raymond James Financial

ACT Energy Technologies (TSE:ACX) had its target price increased by Raymond James Financial from C$8.75 to C$10.00 in a report published on Wednesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, ATB Capital decreased their price target on ACT Energy Technologies from C$6.75 to C$6.50 and set an “outperform” rating for the company in a research note on Friday, December 19th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, ACT Energy Technologies has a consensus rating of “Buy” and an average price target of C$8.63.

ACT Energy Technologies Stock Performance

ACT Energy Technologies stock opened at C$4.97 on Wednesday. The business’s 50-day simple moving average is C$5.17. The firm has a market cap of C$166.30 million, a P/E ratio of 6.90 and a beta of 0.75. ACT Energy Technologies has a one year low of C$4.23 and a one year high of C$6.98.

About ACT Energy Technologies

ACT Energy Technologies Ltd. is based in Calgary, Alberta, Canada. We operate in Canada and in the United States as Altitude Energy Partners, and in the U.S. under Discovery Downhole Services and Rime Downhole Technologies.