Tecsys (TSE:TCS) Stock Price Expected to Rise, Raymond James Analyst Says

Tecsys (TSE:TCS) had its price target hoisted by stock analysts at Raymond James from C$45.00 to C$50.00 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price target would indicate a potential upside of 27.91% from the stock’s current price.

Separately, Ventum Financial upped their price target on shares of Tecsys from C$45.00 to C$52.00 in a report on Friday, December 6th.

Tecsys Stock Performance

Shares of Tecsys stock opened at C$39.09 on Thursday. The company has a 50 day moving average of C$45.01 and a 200-day moving average of C$43.39. Tecsys has a 1-year low of C$32.00 and a 1-year high of C$47.51. The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64. The company has a market cap of C$576.35 million, a PE ratio of 224.54 and a beta of 0.65.

Insider Transactions at Tecsys

In related news, Director David Brereton sold 900 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of C$45.00, for a total value of C$40,500.00. 17.05% of the stock is currently owned by insiders.

Tecsys Company Profile

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.