TECSYS (TSE:TCS) was downgraded by stock analysts at Beacon Securities from a “buy” rating to a “hold” rating in a note issued to investors on Monday. Beacon Securities also issued estimates for TECSYS’s FY2018 earnings at $0.30 EPS and FY2019 earnings at $0.41 EPS.

A number of other equities analysts have also commented on the stock. Laurentian raised their target price on shares of TECSYS from C$16.00 to C$18.25 in a research report on Monday. Industrial Alliance Securities reaffirmed a “buy” rating and set a C$17.00 target price on shares of TECSYS in a research report on Wednesday, September 27th. Finally, Laurentian Bank of Canada raised their target price on shares of TECSYS from C$16.00 to C$18.25 in a research report on Monday.

Shares of TECSYS (TSE TCS) opened at C$16.03 on Monday. TECSYS has a 12 month low of C$9.24 and a 12 month high of C$17.18.

In other news, Director Vernon Lobo sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of C$15.95, for a total transaction of C$95,700.00. Also, Director Peter Brereton sold 67,920 shares of TECSYS stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of C$14.90, for a total transaction of C$1,012,008.00.

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TECSYS Company Profile

Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.

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