Topicus.com (CVE:TOI) Given New C$145.00 Price Target at Desjardins

Topicus.com (CVE:TOI) had its target price upped by stock analysts at Desjardins from C$140.00 to C$145.00 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target would indicate a potential upside of 45.01% from the company’s previous close.

A number of other equities research analysts have also issued reports on the stock. TD lifted their target price on shares of Topicus.com from C$140.00 to C$145.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada cut their price objective on Topicus.com from C$150.00 to C$145.00 and set an “outperform” rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$143.75.

Topicus.com Stock Performance

Shares of TOI stock traded down C$3.91 during trading on Thursday, hitting C$99.99. 155,836 shares of the company were exchanged, compared to its average volume of 101,822. The business’s 50-day simple moving average is C$97.05 and its 200 day simple moving average is C$97.09. Topicus.com has a twelve month low of C$82.67 and a twelve month high of C$185.00. The firm has a market capitalization of C$8.33 billion, a price-to-earnings ratio of 270.24 and a beta of 0.08.

Topicus.com Inc is a technology company in the Application Software industry.