November 30, 2016 - By Ellis Scott
They currently have a $13.00 TP on Avigilon Corp (TSE:AVO). Scotia Capital’s target would suggest a potential downside of -3.27% from the company’s last stock close price. This was shown in an analyst report on 29 November.
Out of 6 analysts covering Avigilon Corp (TSE:AVO), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. $21 is the highest target while $12 is the lowest. The $15.83 average target is 17.87% above today’s ($13.43) stock price. Avigilon Corp has been the topic of 12 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Scotia Capital maintained it with “Sector Perform” rating and $12 target price in Wednesday, August 31 report. The firm has “Sector Perform” rating by IBC given on Friday, August 19. The firm has “Sector Perform” rating by Scotia Capital given on Tuesday, November 29. The company was upgraded on Tuesday, November 15 by RBC Capital Markets.
The stock decreased 0.15% or $0.02 on November 29, hitting $13.43. About 95,046 shares traded hands. Avigilon Corp (TSE:AVO) has declined 17.86% since April 26, 2016 and is downtrending. It has underperformed by 23.09% the S&P500.
Avigilon Corporation is a provider of business intelligence and security solutions. The company has a market cap of $609.04 million. The Firm operates through the segment in which it designs, makes and markets video surveillance and access control software and equipment for the global security market. It has a 62.65 P/E ratio. The Company’s security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers.
The Aveon Group L.P. (Aveon) is an investment management firm focused on acquiring controlling interests in the general partners or managing members of a diversified group of hedge funds, which it refers to as its manager affiliates. The Firm seeks to acquire its interest in each of its six initial manager affiliates, which has investment track records ranging from 5 to 19 years. Each of Aveonâ€™s manager affiliates has assets under management (assets under management or AUM) of less than $1 billion and generally focuses on a single investment strategy. The Aveon Group L.P. has formed wholly owned subsidiaries to serve as the general partners of the three Aveon Holdings partnerships: Aveon Holdings I GP Inc., Aveon Holdings II GP L.P. and Aveon Holdings III GP L.P.
More important recent Avigilon Corp (TSE:AVO) news were published by: Business.Financialpost.com which released: “Avigilon Corp shares jump 40 per cent on strong quarter, but investors still …” on November 15, 2016, also Business.Financialpost.com published article titled: “Avigilon Corp upgraded to outperform, quarterly volatility expected to diminish”, Fool.ca published: “Avigilon Corp.: Growth at a Bargain Price?” on September 09, 2016. More interesting news about Avigilon Corp (TSE:AVO) was released by: Reuters.com and their article: “BRIEF-Avigilon Corp reports qtrly adj. earnings per share $0.21” with publication date: November 14, 2016.
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By Ellis Scott