ATB Capital Cuts ACT Energy Technologies (TSE:ACX) Price Target to C$6.75

ACT Energy Technologies (TSE:ACX) had its price target lowered by ATB Capital from C$7.25 to C$6.75 in a research report sent to investors on Thursday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, Raymond James Financial raised ACT Energy Technologies to a “moderate buy” rating in a research note on Monday, July 21st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$6.75.

ACT Energy Technologies Stock Performance

Shares of TSE:ACX opened at C$5.43 on Thursday. The firm’s 50-day simple moving average is C$4.89. The stock has a market cap of C$184.27 million, a P/E ratio of 5.48 and a beta of 1.25. ACT Energy Technologies has a 1 year low of C$4.23 and a 1 year high of C$6.98.

ACT Energy Technologies Company Profile

ACT Energy Technologies Ltd. is based in Calgary, Alberta, Canada. We operate in Canada and in the United States as Altitude Energy Partners, and in the U.S. under Discovery Downhole Services and Rime Downhole Technologies.