Guestlogix Receives Average Rating of “Buy” from Analysts (TSE:GXI)
Shares of Guestlogix (TSE:GXI) have received an average rating of “Buy” from the seven brokerages that are presently covering the company, American Banking News reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$2.01.
Shares of Guestlogix (TSE:GXI) opened at 1.22 on Wednesday. Guestlogix has a 1-year low of $0.87 and a 1-year high of $1.60. The stock’s 50-day moving average is $1.22 and its 200-day moving average is $1.29. The company’s market cap is $112.0 million.
GXI has been the subject of a number of recent research reports. 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, August 12th. 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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