TD Securities Issues Pessimistic Forecast for Topicus.com (CVE:TOI) Stock Price

Topicus.com (CVE:TOI) had its price objective reduced by research analysts at TD Securities from C$201.00 to C$140.00 in a note issued to investors on Thursday,BayStreet.CA reports. TD Securities’ price objective would suggest a potential upside of 55.56% from the company’s previous close.

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

Topicus.com Price Performance

CVE TOI opened at C$90.00 on Thursday. The company has a market cap of C$7.50 billion, a P/E ratio of 290.32 and a beta of -0.44. Topicus.com has a 12 month low of C$82.67 and a 12 month high of C$199.00. The stock has a 50 day simple moving average of C$111.43.