Enghouse Systems (TSE:ENGH) Given New C$25.50 Price Target at CIBC

Enghouse Systems (TSE:ENGH) had its target price lowered by equities research analysts at CIBC from C$30.00 to C$25.50 in a report released on Monday,BayStreet.CA reports. The firm presently has a “neutral” rating on the stock. CIBC’s price objective suggests a potential upside of 10.58% from the stock’s previous close.

Separately, Royal Bank of Canada downgraded Enghouse Systems from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from C$3,800.00 to C$3,300.00 in a research note on Friday, March 28th.

Enghouse Systems Stock Performance

Shares of TSE ENGH opened at C$23.06 on Monday. The business’s 50-day moving average price is C$25.29 and its two-hundred day moving average price is C$26.64. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84. Enghouse Systems has a one year low of C$22.61 and a one year high of C$34.42. The company has a market capitalization of C$1.28 billion, a P/E ratio of 15.81, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67.

Enghouse Systems Company Profile

Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm’s operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. The firm has operations in Canada, the United States, the United Kingdom, France, Germany, Sweden, Israel, Croatia, Denmark, Norway, India, Japan, Hong Kong, Singapore, and Australia etc.