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Researchers at RBC Capital Markets Reiterated their Sector Perform rating for Exfo Inc (TSE:EXF). The Target Given is $5.50

RBC Analyst Rating Change Exfo Inc TSE:EXF

Exfo Inc (TSE:EXF) Rating Reiterated

Professional analysts at Rbc Capital Markets have $5.50 target price on Exfo Inc (TSE:EXF). RBC Capital Markets’s target price would indicate a potential upside of 24.72 % from the company’s last stock price. The rating was disclosed to clients in analysts note on Thursday, 30 June.

TSE:EXF is at the moment trading -8.20% lower at $4.59 as of 04:36 New York time. Exfo Inc’s stock is up 25.94% in the last 200 days. It has outperformed the S&P500, which has increased 6.03% in the same time.

Out of 4 analysts covering Exfo Inc, 0 rate it a Buy, 5 indicate a Hold while 0 suggest a Sell. The highest target is $4.25 and the lowest is $3.75 according to Thomson/First Call. The 12-month mean target is $4.06, which means downside potential of 11.55% over the current price.

TSE:EXF Price Chart & Trend

The stock price of Exfo Inc risen 25.94% over the last 200 days, and is in energetic up trend. In the last 50 and 100 days, Exfo Inc is down 3.85% and up 14.94%, respectively. Our stocks momentum model is shown on the price chart below. Researchers at RBC Capital Markets Reiterated their Sector Perform rating for Exfo Inc (TSE:EXF). The Target Given is $5.50

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

EXF Stock Chart

Exfo Inc (TSE:EXF) Profile

EXFO Inc., formerly EXFO Electro-Optical Engineering Inc., designs, manufactures and markets test, service assurance and network visibility solutions for fixed and mobile network operators, Web-scale service providers, as well as equipment manufacturers in the global telecommunications industry. The Company focuses on network infrastructures, including fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments. It also offers service assurance for next-generation Internet Protocol (IP) networks and into test equipment for second generation (2G) and third generation (3G).

Exfo Inc (TSE:EXF) traded down -8.20% on 30 June, hitting $4.59. A total of 11,750 shares of the company’s stock traded hands. This is up from average of 3,458 shares. Exfo Inc has a 52 week low of $3.24 and a 52 week high of $5.5. The company has a market cap of $105.12 million and a P/E ratio of 22.82.

Get the latest Exfo Inc (TSE:EXF) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Researchers at RBC Capital Markets Reiterated their Sector Perform Rating for Exfo Inc (TSE:EXF). The Target Given is $5.50 appeared first on Octafinance.



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Researchers at RBC Capital Markets Reiterated their Sector Perform rating for Exfo Inc (TSE:EXF). The Target Given is $5.50

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