Guestlogix Receives Consensus Recommendation of “Buy” from Analysts (TSE:GXI)
Guestlogix (TSE:GXI) has been given a consensus rating of “Buy” by the eight brokerages that are currently covering the company, Analyst RN reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$2.01.
Shares of Guestlogix (TSE:GXI) traded up 2.63% during mid-day trading on Wednesday, hitting $1.17. The stock had a trading volume of 501,541 shares. Guestlogix has a one year low of $0.86 and a one year 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 $107.5 million.
Several analysts have recently commented on the stock. Analysts at Cantor Fitzgerald cut their price target on shares of Guestlogix from C$2.10 to C$2.00 in a research note on Tuesday. They now have a “speculative buy” rating on the stock. Analysts at Mackie initiated coverage on shares of Guestlogix in a research note on Wednesday, July 2nd. They set a “speculative buy” rating and a C$2.10 price target on the stock.
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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