TheScreener - Novanta Inc (NOVT) An unfavourable environment weighs on NOVANTA, which sees a downgrade to Slightly Negative

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An unfavourable environment weighs on NOVANTA, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of NOVANTA (CA), active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date January 28, 2022, the closing price was CAD 169.28 and its target price was estimated at CAD 160.82.

29/01/2022 1 EN

Underlying

Novanta Inc

Novanta is a holding company with three segments: Photonics, which designs, manufactures and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products; Vision, which designs, produces and markets medical grade technologies, including medical insufflators, pumps and related disposables, surgical displays and operating room integration technologies, and optical data collection and machine vision technologies; and Precision Motion, which designs, produces and markets optical encoders, precision motor and motion control technology, air bearing spindles and precision machined components.

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CA67000B1040 NASDAQ Stock Market Canada

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TheScreener

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An unfavourable environment weighs on NOVANTA, which sees a downgrade to Slightly Negative

Empowering Investors

Novanta Inc: 1 director

Vermilion Short Shots: Technically Vulnerable Stocks

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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