Enghouse Systems (TSE:ENGH – Get Rating) had its price target reduced by investment analysts at Royal Bank of Canada from C$50.00 to C$45.00 in a research report issued on Thursday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 77.80% from the stock’s previous close.
Other analysts also recently issued reports about the company. Scotiabank reduced their price objective on Enghouse Systems from C$58.00 to C$51.00 in a research note on Monday, March 7th. TD Securities lowered their price objective on shares of Enghouse Systems from C$50.00 to C$35.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, CIBC downgraded shares of Enghouse Systems from an “outperform” rating to a “hold” rating and cut their price objective for the stock from C$47.00 to C$33.50 in a research report on Thursday.
Shares of TSE:ENGH traded down C$1.83 on Thursday, reaching C$25.31. The company’s stock had a trading volume of 499,187 shares, compared to its average volume of 127,180. Enghouse Systems has a 52-week low of C$25.25 and a 52-week high of C$64.42. The stock has a market capitalization of C$1.41 billion and a P/E ratio of 15.06. The stock’s 50-day moving average is C$35.23 and its two-hundred day moving average is C$41.45. The company has a debt-to-equity ratio of 5.09, a current ratio of 1.83 and a quick ratio of 1.76.
Enghouse Systems Company Profile (Get Rating)
Enghouse Systems Limited, together with its subsidiaries, develops enterprise software solutions worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services to facilitate remote work, enhance customer service, increase efficiency, and manage customer communications across various types of interactions, including voice, email, web chats, text, and video.
- The Institutions Are Rotating Into Olli’s Bargain Outlet
- Microcap Oil-Dri Corporation Is A Buy For Income Investors
- Would Netflix acquiring Roku be a positive for the stock?
- Inflation, An Economic Winter Is Approaching
- Now’s The Time To Buy MongoDB (NASDAQ: MDB)
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Enghouse Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enghouse Systems and related companies with MarketBeat.com's FREE daily email newsletter.