Analysts Set Softchoice Co. (TSE:SFTC) PT at C$24.58

Shares of Softchoice Co. (TSE:SFTC) have earned an average recommendation of “Hold” from the two research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation. The average twelve-month target price among brokerages that have covered the stock in the last year is C$24.58.

Separately, Royal Bank of Canada boosted their price target on shares of Softchoice from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 11th.

Softchoice Price Performance

The firm has a fifty day simple moving average of C$24.36 and a 200 day simple moving average of C$21.48. Softchoice has a one year low of C$16.09 and a one year high of C$24.57. The stock has a market cap of C$1.04 billion, a price-to-earnings ratio of 26.68 and a beta of -0.14.

Softchoice Company Profile

Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software and hardware asset management solutions, and IT procurement services; network and security support solutions.