Exfo Inc Receives a Hold from RBC Capital

By Jason Carr

RBC Capital analyst Steve Arthur reiterated a Hold rating on Exfo Inc (NASDAQ: EXFO) today and set a price target of $5. The company’s shares opened today at $3.85, close to its 52-week low of $3.73.

According to TipRanks.com, Arthur is ranked #197 out of 4766 analysts.

Currently, the analyst consensus on Exfo Inc is Hold and the average price target is $4.75, representing a 23.4% upside.

In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a $4.75 price target.

Exfo Inc’s market cap is currently $232.6M and has a P/E ratio of 424. The company has a book value ratio of 1.1925.

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EXFO, Inc. engages in the provision of next-generation test, service assurance and analytics solutions for fixed and mobile communications service providers, web-scale operators as well as network 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. The company was founded by Germain Lamonde on September 18, 1985 and is headquartered in Quebec, Canada.