Royal Bank Of Canada Issues Pessimistic Forecast for Topicus.com (CVE:TOI) Stock Price

Topicus.com (CVE:TOIGet Free Report) had its price objective reduced by analysts at Royal Bank Of Canada from C$190.00 to C$160.00 in a report issued on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 44.37% from the company’s previous close.

Topicus.com Trading Down 0.7%

Shares of TOI opened at C$110.83 on Monday. The company’s 50 day moving average price is C$123.37. The firm has a market capitalization of C$9.24 billion, a P/E ratio of 357.52 and a beta of -0.15. Topicus.com has a one year low of C$108.77 and a one year high of C$199.00.

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