Royal Bank Of Canada Lowers Topicus.com (CVE:TOI) Price Target to C$145.00

Topicus.com (CVE:TOI) had its target price cut by stock analysts at Royal Bank Of Canada from C$150.00 to C$145.00 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 45.01% from the company’s current price.

Separately, TD increased their price objective on Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Topicus.com currently has an average rating of “Buy” and a consensus target price of C$143.75.

Topicus.com Price Performance

TOI stock traded down C$3.91 during trading hours on Thursday, reaching C$99.99. 155,836 shares of the stock were exchanged, compared to its average volume of 101,822. The firm’s 50-day moving average is C$97.05 and its 200-day moving average is C$97.09. Topicus.com has a 12 month low of C$82.67 and a 12 month high of C$185.00. The company has a market cap 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.