TD Securities Cuts Rocky Mountain Dealerships Inc. (RME) Price Target to C$9.50

Rocky Mountain Dealerships Inc. (TSE:RME) had its target price trimmed by TD Securities from C$10.00 to C$9.50 in a research note issued to investors on Thursday. The firm currently has a hold rating on the stock.

Separately, CIBC lifted their target price on Rocky Mountain Dealerships from C$11.00 to C$12.00 in a research note on Thursday, January 12th.

Shares of Rocky Mountain Dealerships (TSE:RME) opened at 9.48 on Thursday. The company has a 50-day moving average price of $10.59 and a 200-day moving average price of $9.77. Rocky Mountain Dealerships has a 12 month low of $5.75 and a 12 month high of $11.25. The stock has a market cap of $186.36 million and a price-to-earnings ratio of 12.31.

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Rocky Mountain Dealerships Company Profile

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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