Tecsys (TSE:TCS) Price Target Cut to C$47.00 by Analysts at Ventum Financial

Tecsys (TSE:TCS) had its target price cut by stock analysts at Ventum Financial from C$52.00 to C$47.00 in a research report issued on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s price objective would indicate a potential upside of 21.60% from the stock’s current price.

TCS has been the subject of a number of other research reports. Raymond James Financial raised their price target on Tecsys from C$45.00 to C$50.00 and gave the company an “outperform” rating in a research report on Thursday, March 6th. Cormark upgraded Tecsys from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, March 19th.

Tecsys Price Performance

TSE TCS opened at C$38.65 on Monday. The stock has a market capitalization of C$569.86 million, a PE ratio of 222.01 and a beta of 0.65. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.40 and a current ratio of 1.31. Tecsys has a twelve month low of C$34.16 and a twelve month high of C$47.51. The stock has a 50-day simple moving average of C$41.55 and a 200 day simple moving average of C$42.67.

About Tecsys

Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.