Evertz Technologies (TSE:ET) Given a C$12.00 Price Target by Royal Bank Of Canada Analysts

Key Points

• Evertz Technologies (TSE:ET) has received a price target of C$12.00 from analysts at Royal Bank Of Canada, indicating a potential downside of 2.28% based on its previous close.
• The stock recently traded at C$12.28 with a market cap of C$926.02 million and a price-to-earnings ratio of 15.54.
• Evertz Technologies is a provider of telecommunications equipment and solutions for the television broadcast and new-media industries.

Evertz Technologies (TSE:ET - Get Free Report) has been given a C$12.00 target price by equities research analysts at Royal Bank Of Canada in a research report issued on Friday, Marketbeat reports. The brokerage currently has a "hold" rating on the stock. Royal Bank Of Canada's price target would indicate a potential downside of 2.04% from the stock's previous close.

Evertz Technologies Stock Down 0.4%

ET stock opened at C$12.25 on Friday. The firm has a 50 day moving average of C$12.12 and a 200 day moving average of C$11.64. Evertz Technologies has a 52 week low of C$9.45 and a 52 week high of C$13.52. The company has a quick ratio of 0.68, a current ratio of 2.18 and a debt-to-equity ratio of 8.09. The stock has a market capitalization of C$923.76 million, a PE ratio of 15.51, a price-to-earnings-growth ratio of 0.79 and a beta of 0.61.

About Evertz Technologies

Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments.