Topicus.com (CVE:TOI) Given New C$145.00 Price Target at TD

Key Points

• TD raised its price target on Topicus.com to C$145 (from C$140) and maintains a "buy" rating, implying a potential upside of 54.26% from the prior close.
• Other analysts remain broadly positive — RBC trimmed its target to C$150 with an "outperform" rating and TD Securities recently cut its objective, leaving Topicus.com with a consensus Buy rating and an average target of C$145.
• The stock is trading around C$94 (down C$2.13), with a market cap of C$7.83B, a high P/E of 188, and a 52-week range of C$82.67–C$199, reflecting a significant pullback from last year's highs.

Topicus.com (CVE:TOI - Get Free Report) had its price objective hoisted by investment analysts at TD from C$140.00 to C$145.00 in a report released on Wednesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. TD's price target would suggest a potential upside of 54.26% from the stock's previous close.

A number of other research analysts have also recently commented on TOI. Royal Bank Of Canada lowered their target price on Topicus.com from C$160.00 to C$150.00 and set an "outperform" rating for the company in a research note on Thursday, February 26th. TD Securities decreased their price objective on Topicus.com from C$201.00 to C$140.00 in a report on Thursday, February 19th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Topicus.com currently has a consensus rating of "Buy" and an average target price of C$145.00.

Topicus.com Price Performance

TOI traded down C$2.13 on Wednesday, hitting C$94.00. The company had a trading volume of 90,331 shares, compared to its average volume of 110,357. The business has a fifty day simple moving average of C$97.23. The firm has a market cap of C$7.83 billion, a price-to-earnings ratio of 188.00 and a beta of -0.06. Topicus.com has a 52-week low of C$82.67 and a 52-week high of C$199.00.

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