Rocky Mountain Dealerships Inc. (TSE:RME) had its target price boosted by analysts at TD Securities from C$13.00 to C$13.50 in a report released on Thursday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target points to a potential upside of 8.96% from the stock’s previous close.
Several other analysts have also recently weighed in on RME. National Bank Financial dropped their price objective on Rocky Mountain Dealerships from C$13.50 to C$9.25 and set an “outperform” rating for the company in a report on Thursday, July 27th. CIBC upped their price target on Rocky Mountain Dealerships from C$12.00 to C$13.00 in a research note on Thursday, August 10th.
Shares of Rocky Mountain Dealerships (TSE:RME) opened at C$12.39 on Thursday. Rocky Mountain Dealerships has a twelve month low of C$8.83 and a twelve month high of C$12.49.
TRADEMARK VIOLATION NOTICE: This news story was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be accessed at https://stocknewstimes.com/2017/11/11/td-securities-increases-rocky-mountain-dealerships-inc-rme-price-target-to-c13-50.html.
About Rocky Mountain Dealerships
Rocky Mountain Dealerships Inc is an agriculture equipment dealer with a network of full-service agriculture and industrial equipment stores across the Canadian Prairie Provinces. The Company operates in two segments: agriculture segment and industrial segment. The agriculture segment primarily includes sales of agricultural equipment, parts and services, and the industrial segment includes sales of industrial equipment, parts and services.
Receive News & Ratings for Rocky Mountain Dealerships Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocky Mountain Dealerships Inc. and related companies with MarketBeat.com's FREE daily email newsletter.