Royal Bank Of Canada Has Lowered Expectations for Topicus.com (CVE:TOI) Stock Price

Topicus.com (CVE:TOI) had its price target cut by equities research analysts at Royal Bank Of Canada from C$160.00 to C$150.00 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 60.02% from the stock’s current price.

Separately, TD Securities lowered their price objective on Topicus.com from C$201.00 to C$140.00 in a research report on Thursday, February 19th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$145.00.

Topicus.com Stock Down 0.8%

Shares of TOI stock opened at C$93.74 on Thursday. The company has a market cap of C$7.81 billion, a P/E ratio of 302.39 and a beta of -0.44. Topicus.com has a 12-month low of C$82.67 and a 12-month high of C$199.00. The company’s 50-day moving average price is C$108.03.