BMO Capital Keeps a Hold Rating on Exfo Inc

By Carrie Williams

In a report released yesterday, Thanos Moschopoulos from BMO Capital reiterated a Hold rating on Exfo Inc (NASDAQ: EXFO), with a price target of $5.50. The company’s shares closed yesterday at $4.05, close to its 52-week low of $3.73.

According to TipRanks.com, Moschopoulos is a 3-star analyst with an average return of 5.5% and a 70.0% success rate. Moschopoulos covers the Technology sector, focusing on stocks such as CGI Group, Open Text, and Descartes.

Exfo Inc has an analyst consensus of Moderate Buy, with a price target consensus of $5.50.

Exfo Inc’s market cap is currently $221.5M and has a P/E ratio of 101.25. The company has a book value ratio of 1.2233.

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EXFO, Inc. engages in the provision of test and service assurance solutions for network operators and equipment manufacturers in the global telecommunications industry. It offers innovative solutions for the development, installation, management and maintenance of converged, IP fixed and mobile networks from the core-to-edge.