CECO Environmental (CECE) Declares $0.066 Quarterly Dividend; 2.7% Yield

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Go back to CECO Environmental (CECE) Declares $0.066 Quarterly Dividend; 2.7% Yield

Jefferies Cuts Price Target on CECO Environmental (CECE) Despite Good Organic Growth

November 16, 2015 10:00 AM EST

Jefferies maintained a Hold rating on CECO Environmental (NASDAQ: CECE), and cut the price target to $10.00 (from $12.00), following the company's 3Q earnings report. CECE reported organic sales growth of 4.5% in 3Q15. Book-to-bill ratio (ttm) is 0.94x. Bookings were largely flat and included a... More