Royal Bank Of Canada Raises Avigilon Co. (AVO) Price Target to C$23.00

Avigilon Co. (TSE:AVO) had its price target raised by investment analysts at Royal Bank Of Canada from C$20.00 to C$23.00 in a report issued on Wednesday, November 8th. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 12.91% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. CIBC upped their price target on Avigilon from C$18.00 to C$19.00 in a research note on Thursday, August 10th. BMO Capital Markets restated a “market perform” rating and set a C$21.00 price target on shares of Avigilon in a research note on Wednesday, November 8th. Finally, Raymond James Financial, Inc. upped their price target on Avigilon from C$20.00 to C$23.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 8th.

Avigilon (TSE AVO) traded up C$0.03 during mid-day trading on Wednesday, hitting C$20.37. The stock had a trading volume of 104,127 shares, compared to its average volume of 121,108. Avigilon has a 1-year low of C$11.56 and a 1-year high of C$20.82.

In other Avigilon news, insider Joel Schuster sold 2,122 shares of the stock in a transaction on Friday, September 22nd. The stock was sold at an average price of C$17.39, for a total value of C$36,901.58.

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Avigilon Company Profile

Avigilon Corp is a provider of business intelligence and security solutions. The Company operates through the segment in which it designs, manufactures and markets video surveillance and access control software and equipment for the global security market. Its security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers.

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