Topicus.com (CVE:TOI) Price Target Lowered to C$145.00 at Royal Bank Of Canada

Topicus.com (CVE:TOI) had its price objective lowered by equities research analysts at Royal Bank Of Canada from C$150.00 to C$145.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 45.01% from the stock’s previous close.

Separately, TD upped their target price on shares of Topicus.com from C$140.00 to C$145.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$143.75.

Topicus.com Trading Down 3.8%

Shares of TOI traded down C$3.91 on Thursday, reaching C$99.99. 155,836 shares of the company’s stock were exchanged, compared to its average volume of 101,822. The business has a 50 day moving average price of C$97.05 and a two-hundred day moving average price of C$97.09. Topicus.com has a 12 month low of C$82.67 and a 12 month high of C$185.00. The stock has a market capitalization of C$8.33 billion, a P/E ratio of 270.24 and a beta of 0.08.

Topicus.com Inc is a technology company in the Application Software industry.