Enghouse Systems Coverage Initiated at RBC Capital (ESL)
Stock analysts at RBC Capital assumed coverage on shares of Enghouse Systems (TSE:ESL) in a report issued on Friday, Stock Ratings News reports. The firm set an “outperform” rating and a C$36.00 price target on the stock. RBC Capital’s price objective points to a potential upside of 29.26% from the stock’s previous close.
Enghouse Systems (TSE:ESL) traded down 0.39% on Friday, hitting $27.85. The stock had a trading volume of 25,626 shares. Enghouse Systems has a 52-week low of $13.75 and a 52-week high of $27.71. The stock has a 50-day moving average of $25.35 and a 200-day moving average of $22.97. The company has a market cap of $723.7 million and a P/E ratio of 31.07.
Separately, analysts at TD Securities raised their price target on shares of Enghouse Systems from C$27.00 to C$29.00 in a research note to investors on Thursday, September 12th. They now have a “buy” rating on the stock.
Enghouse Systems Limited (TSE:ESL) is engaged in the development of enterprise software solutions for a variety of vertical markets.
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