National Bank Financial Raises Tecsys (TSE:TCS) Price Target to C$55.00

Tecsys (TSE:TCS) had its price target boosted by analysts at National Bank Financial to C$55.00 in a report released on Thursday, Stock Target Advisor reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 10.02% from the company’s previous close.

Other analysts have also issued reports about the company. Raymond James reissued an “outperform” rating and issued a C$70.00 price objective on shares of Tecsys in a report on Wednesday, June 30th. National Bankshares boosted their price objective on Tecsys from C$49.30 to C$55.00 and gave the company an “outperform” rating in a report on Thursday.

Shares of TSE:TCS traded up C$0.69 during trading on Thursday, hitting C$49.99. The company’s stock had a trading volume of 22,774 shares, compared to its average volume of 27,835. The company has a quick ratio of 1.51, a current ratio of 1.72 and a debt-to-equity ratio of 27.96. Tecsys has a fifty-two week low of C$25.75 and a fifty-two week high of C$66.58. The firm’s 50-day simple moving average is C$41.91. The stock has a market capitalization of C$725.10 million and a P/E ratio of 101.57.

About Tecsys

Tecsys Inc engages in the development, marketing, and sale of supply chain management software in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use, and retail order management, as well as financial management and analytics solutions.

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