Absolute Software (ABT) Given Average Rating of “Hold” by Analysts
Shares of Absolute Software (TSE:ABT) have been given an average rating of “Hold” by the six research firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$7.71.
ABT has been the topic of a number of recent analyst reports. BMO Capital Markets restated a “market perform” rating and issued a C$8.00 price target on shares of Absolute Software in a research report on Tuesday, November 14th. National Bank Financial decreased their price target on Absolute Software from C$8.00 to C$7.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 14th. TD Securities reduced their price objective on Absolute Software from C$8.00 to C$7.00 and set a “hold” rating on the stock in a research note on Tuesday, November 14th. Finally, Canaccord Genuity reduced their price objective on Absolute Software from C$8.00 to C$7.50 in a research note on Tuesday, November 14th.
Absolute Software (ABT) opened at C$6.97 on Thursday. Absolute Software has a 12-month low of C$6.36 and a 12-month high of C$8.82. The company has a market capitalization of $275.01, a price-to-earnings ratio of -49.79 and a beta of 0.65.
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About Absolute Software
Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones.
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