Desjardins Raises Topicus.com (CVE:TOI) Price Target to C$145.00

Topicus.com (CVE:TOI) had its price objective hoisted by equities research analysts at Desjardins from C$140.00 to C$145.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ price objective points to a potential upside of 39.05% from the stock’s current price.

TOI has been the subject of several other research reports. TD increased their price target on Topicus.com from C$140.00 to C$145.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Royal Bank Of Canada cut their target price on shares of Topicus.com from C$150.00 to C$145.00 and set an “outperform” rating on the stock in a research note on Thursday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$143.75.

Topicus.com Stock Performance

TOI opened at C$104.28 on Thursday. The company has a fifty day moving average of C$97.17 and a two-hundred day moving average of C$97.05. The stock has a market capitalization of C$8.69 billion, a price-to-earnings ratio of 281.84 and a beta of 0.08. Topicus.com has a fifty-two week low of C$82.67 and a fifty-two week high of C$183.00.

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