Guestlogix Coverage Initiated by Analysts at Mackie (GXI)
Research analysts at Mackie initiated coverage on shares of Guestlogix (TSE:GXI) in a report released on Wednesday. The firm set a “speculative buy” rating and a C$2.10 price target on the stock. Mackie’s price objective would indicate a potential upside of 66.67% from the company’s current price.
Separately, analysts at LB Securities downgraded shares of Guestlogix to a “hold” rating in a research note on Tuesday, May 13th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Guestlogix has an average rating of “Buy” and an average price target of C$2.01.
Shares of Guestlogix (TSE:GXI) traded up 1.59% on Wednesday, hitting $1.28. 35,000 shares of the company’s stock traded hands. Guestlogix has a 52-week low of $0.77 and a 52-week high of $1.60. The stock’s 50-day moving average is $1.23 and its 200-day moving average is $1.29. The company’s market cap is $117.5 million.
GuestLogix Inc (TSE:GXI) provides onboard store technology and retail solutions that enable passenger travel operators to process ancillary revenue transactions on a global basis.
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