Canam Group (TSE:CAM) was upgraded by research analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a report released on Monday, AnalystRatingsNetwork.com reports.
Canam Group (TSE:CAM) traded down 1.68% on Monday, hitting $9.34. The stock had a trading volume of 45,805 shares. Canam Group has a 52-week low of $4.89 and a 52-week high of $10.64. The stock has a 50-day moving average of $9.73 and a 200-day moving average of $9.26. The company has a market cap of $389.5 million and a P/E ratio of 16.38.
CAM has been the subject of a number of other recent research reports. Analysts at National Bank Financial raised their price target on shares of Canam Group (TSE:CAM) from C$11.00 to C$11.50 in a research note to investors on Wednesday, August 7th. Separately, analysts at RBC Capital downgraded shares of Canam Group (TSE:CAM) from an “outperform” rating to a “sector perform” rating in a research note to investors on Wednesday, August 7th. Finally, analysts at RBC Capital raised their price target on shares of Canam Group (TSE:CAM) from C$10.00 to C$11.00 in a research note to investors on Thursday, July 25th. They now have an “outperform” rating on the stock.
Canam Group Inc is a manufacturing company specializing in the design and fabrication of customized construction products and solutions.