Raymond James Financial, Inc. Lowers Nexj Systems Inc (NXJ) Price Target to C$3.00

Nexj Systems Inc (TSE:NXJ) had its price objective lowered by Raymond James Financial, Inc. from C$4.00 to C$3.00 in a research report issued to clients and investors on Monday. The brokerage currently has a “market perform” rating on the stock. Raymond James Financial, Inc.’s price target suggests a potential upside of 27.66% from the stock’s current price.

Shares of Nexj Systems (TSE NXJ) opened at 2.35 on Monday. The company has a market capitalization of $49.66 million and a price-to-earnings ratio of 15.99. Nexj Systems has a 12 month low of $2.26 and a 12 month high of $4.90. The company’s 50-day moving average is $2.80 and its 200 day moving average is $3.35.

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About Nexj Systems

NexJ Systems Inc provides enterprise customer management solutions to the financial services industry in the United States, Canada, the Asia Pacific, and Europe. It provides software for delivering customer relationship management (CRM) solutions to financial services and insurance industries, as well as CRM functionality tailored products to wealth management and private banking, corporate and commercial banking, and capital markets applications.

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