Enghouse Systems (ENGH) PT Raised to C$72.00 at Royal Bank of Canada

Enghouse Systems (TSE:ENGH) had its price target raised by Royal Bank of Canada from C$65.00 to C$72.00 in a research note issued to investors on Monday. The firm currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 6.92% from the company’s previous close.

ENGH has been the topic of several other reports. TD Securities set a C$74.00 target price on Enghouse Systems and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Scotiabank upped their target price on Enghouse Systems from C$62.00 to C$66.00 and gave the stock a “sector perform” rating in a research report on Monday.

Shares of Enghouse Systems (TSE ENGH) traded up C$2.77 during mid-day trading on Monday, reaching C$67.34. The company’s stock had a trading volume of 30,478 shares, compared to its average volume of 21,973. Enghouse Systems has a 12 month low of C$49.31 and a 12 month high of C$67.65. The firm has a market cap of $1,740.00, a price-to-earnings ratio of 35.47 and a beta of 1.04.

In other Enghouse Systems news, insider Stephen Sadler sold 2,100 shares of the company’s stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of C$62.00, for a total value of C$130,200.00. Over the last ninety days, insiders sold 62,200 shares of company stock worth $3,856,400.

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Enghouse Systems Company Profile

Enghouse Systems Limited develops and sells enterprise oriented applications software worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services designed to enhance customer service, enhance efficiency, and manage customer communications across the enterprise.

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