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BMO Capital Markets announced Strongco Corporation (TSE:SQP), dropping its stock price target to $1.70 today

Boasting a price of $1.57, Strongco Corporation (TSE:SQP) traded 0.00% even on the day. The last stock price close is down 7.84% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $1.54 and two hundred day moving average of $1.61. Trading volume was was down over the average, with 1,300 shares of SQP changing hands under the typical 3,059 shares.

Indicating a possible upside of 0.08%, BMO Capital Markets lowered the estimated target of Strongco Corporation (TSE:SQP) to $2

Previously on 3/25/2016, Raymond James released a statement about Strongco Corporation(TSE:SQP) dropped the target price from $1.50 to $1.40 that suggested a downside of -0.07%.

Recent Performance Graphic:

Strongco Corporation (TSE:SQP)

A total of 2 brokers have reported on Strongco Corporation. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 analysts rate the company a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a one year target price of $1.22

With a market capitalization of $0.0, Strongco Corporation has a one-year low of $1.45 and a one-year high of $2.29 with a PE ratio of 0.

General Information About Strongco Corporation (TSE:SQP)

Strongco Corporation is a multiline mobile equipment distributor in Canada. The Company operates through Equipment Distribution segment, which sells and rents new and used equipment and provides after-sale product support (parts and service) to customers who operate in infrastructure, construction, mining, oil and gas exploration, forestry and industrial markets. In addition, the Company is also a multiline distributor of mobile construction equipment in the New England region of the United States through its subsidiary, Chadwick-BaRoss, Inc. The Company offers a range of services, which include in-field service, in-shop service, refurbishment, large-component rebuilding, scheduled or preventative maintenance, customer service agreements, extended warranties, equipment inspections, air conditioning, painting service, hydraulic repair service, fluids analysis, and software options and telematics.

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