TD Securities Cuts Topicus.com (CVE:TOI) Price Target to C$140.00

Topicus.com (CVE:TOI) had its price objective reduced by equities researchers at TD Securities from C$201.00 to C$140.00 in a research note issued on Thursday,BayStreet.CA reports. TD Securities’ target price points to a potential upside of 59.45% from the stock’s current price.

Separately, Royal Bank Of Canada lowered their price objective on shares of Topicus.com from C$190.00 to C$160.00 and set an “outperform” rating for the company in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$150.00.

Topicus.com Stock Down 1.1%

Shares of CVE TOI traded down C$1.00 on Thursday, reaching C$87.80. 87,304 shares of the company traded hands, compared to its average volume of 146,103. The company has a market capitalization of C$7.32 billion, a PE ratio of 283.23 and a beta of -0.44. The firm’s 50 day moving average is C$112.71. Topicus.com has a fifty-two week low of C$82.67 and a fifty-two week high of C$199.00.