Cantor Fitzgerald Begins Coverage on TECSYS (TCS)
Stock analysts at Cantor Fitzgerald initiated coverage on shares of TECSYS (TSE:TCS) in a report issued on Monday. The firm set a “buy” rating and a C$8.50 price target on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 24.09% from the company’s current price.
A number of other analysts have also recently weighed in on TCS. Analysts at Paradigm Capital initiated coverage on shares of TECSYS in a research note on Tuesday, July 22nd. They set a “buy” rating and a C$10.00 price target on the stock. Separately, analysts at Pi Financial raised their price target on shares of TECSYS from C$9.00 to C$9.75 in a research note on Wednesday, July 9th. They now have a “buy” rating on the stock. Finally, analysts at LB Securities initiated coverage on shares of TECSYS in a research note on Friday, July 4th. They set a “buy” rating and a C$8.25 price target on the stock. Five analysts have rated the stock with a buy rating, TECSYS presently has an average rating of “Buy” and a consensus target price of C$8.95.
Shares of TECSYS (TSE:TCS) remained flat at $6.85 during during mid-day trading trading on Monday. The stock had a trading volume of 1,000 shares. TECSYS has a 52-week low of $3.65 and a 52-week high of $6.96. The stock has a 50-day moving average of $6.70 and a 200-day moving average of $6.20. The company has a market cap of $79.0 million and a P/E ratio of 42.81.
TECSYS Inc is a supply chain management (TSE:TCS) provider of powerful warehouse, transportation and distribution management software solutions and industry expert services to mid-size and Fortune 1000 corporations in the healthcare, distribution and third-party logistics industries.
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