Dundee Securities Lowers Spectra7 Microsystems Inc (SEV) PriSpectra7 Microsystems Inc (TSE:SEV) had its price objective cut by research analysts at Dundee Securities from C$1.10 to C$0.75 in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. Dundee Securities’ price objective would indicate a potential upside of 102.70% from the company’s current price.
Separately, Mackie lowered their price objective on Spectra7 Microsystems from C$1.10 to C$1.00 and set a “buy” rating for the company in a research note on Friday, August 12th.
Spectra7 Microsystems (TSE:SEV) traded down 9.459% during mid-day trading on Tuesday, hitting $0.335. The stock had a trading volume of 1,059,240 shares. The firm’s 50-day moving average is $0.48 and its 200 day moving average is $0.57. Spectra7 Microsystems has a 12 month low of $0.30 and a 12 month high of $0.75. The company’s market cap is $42.57 million.
https://www.thecerbatgem.com/2016/09/27/dundee-securities-lowers-spectra7-microsystems-inc-sev-price-target-to-c0-75.html