CIBC Increases Information Services (TSE:ISV) Price Target to C$35.00

Information Services (TSE:ISV) had its price objective boosted by investment analysts at CIBC from C$34.00 to C$35.00 in a research note issued to investors on Thursday,BayStreet.CA reports. CIBC’s target price would indicate a potential upside of 23.11% from the company’s previous close.

Separately, Royal Bank of Canada boosted their target price on shares of Information Services from C$27.00 to C$30.00 in a report on Friday, August 9th.

Information Services Stock Up 1.5 %

Information Services stock opened at C$28.43 on Thursday. Information Services has a fifty-two week low of C$19.72 and a fifty-two week high of C$30.00. The firm has a market capitalization of C$515.44 million, a price-to-earnings ratio of 24.94, a price-to-earnings-growth ratio of 1.19 and a beta of 0.59. The stock’s fifty day moving average is C$28.53 and its two-hundred day moving average is C$26.96. The company has a debt-to-equity ratio of 99.98, a quick ratio of 1.69 and a current ratio of 0.74.

Information Services (TSE:ISV) last announced its earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share for the quarter. The firm had revenue of C$60.93 million during the quarter, compared to the consensus estimate of C$63.40 million. Information Services had a net margin of 8.75% and a return on equity of 12.37%. Analysts predict that Information Services will post 2.2194553 EPS for the current fiscal year.

Information Services Company Profile

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.