Civeo Corporation (Canada) (CVEO) is Downgraded by Scotia Howard Weil to Sector Outperform, Lowers Price Target to $ 3

Civeo Corporation (Canada) (CVEO) was Downgraded by Scotia Howard Weil to ” Sector Outperform” while Lowering the Price Target of the company shares to $ 3 from a previous price target of $4 . Earlier the firm had a rating of “Focus Stock ” on the company shares. Scotia Howard Weil advised their investors in a research report released on Jul 13, 2016.

Many Wall Street Analysts have commented on Civeo Corporation (Canada). Scotia Howard Weil Upgraded Civeo Corporation (Canada) on Jun 22, 2016 to ” Focus Stock”, Price Target of the shares are set at $4.Company shares were Reiterated by Scotia Howard Weil on May 6, 2016 to “Sector Outperform”, Firm has raised the Price Target to $ 4 from a previous price target of $3 .

Civeo Corporation (Canada) closed down -0.07 points or -3.72% at $1.81 with 6,85,418 shares getting traded on Monday. Post opening the session at $1.9, the shares hit an intraday low of $1.81 and an intraday high of $1.96 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on May 17, 2016, Martin Lambert (director) sold 27,843 shares at $1.90 per share price. According to the SEC, on Mar 7, 2016, Peter Mccann (officer ) sold 27,414 shares at $1.27 per share price. On Oct 2, 2015, Bradley J Dodson (director officer ) purchased 70,000 shares at $1.54 per share price, according to the Form-4 filing with the securities and exchange commission.

Civeo Corporation (Canada)

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