TECSYS (TCS) PT Raised to C$18.25 at Laurentian

TECSYS (TSE:TCS) had its price objective hoisted by equities research analysts at Laurentian from C$16.00 to C$18.25 in a research note issued on Monday. Laurentian’s price objective indicates a potential upside of 13.85% from the company’s previous close.

A number of other research firms have also recently issued reports on TCS. Laurentian Bank of Canada lifted their price target on TECSYS from C$16.00 to C$18.25 in a report on Monday. Industrial Alliance Securities reaffirmed a “buy” rating and issued a C$17.00 price target on shares of TECSYS in a report on Wednesday, September 27th.

TECSYS (TSE TCS) opened at C$16.03 on Monday. TECSYS has a twelve month low of C$9.24 and a twelve month high of C$17.18.

In related news, Director Vernon Lobo sold 6,000 shares of TECSYS stock in a transaction dated Thursday, October 12th. The stock was sold at an average price of C$15.95, for a total value of C$95,700.00. Also, Director Peter Brereton sold 67,920 shares of TECSYS stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of C$14.90, for a total value of C$1,012,008.00.

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Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.

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