TD Securities Increases Rocky Mountain Dealerships Inc. (RME) Price Target to C$13.50

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.

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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.

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