Canaccord Genuity upgraded shares of Absolute Software (TSE:ABT) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning, BayStreet.CA reports.
Separately, Pi Financial lifted their target price on Absolute Software from C$11.50 to C$12.00 in a report on Tuesday, May 7th.
Shares of Absolute Software stock opened at C$7.82 on Wednesday. The stock has a market cap of $325.08 million and a price-to-earnings ratio of 39.30. The stock has a 50 day moving average price of C$7.75 and a 200-day moving average price of C$8.53. Absolute Software has a one year low of C$7.18 and a one year high of C$9.28.
Absolute Software Corporation develops, markets, and supports endpoint management and data security solutions for endpoint computing devices in Canada, the United States, and internationally. Its software-as-a-service solutions enable customers to secure endpoints, assess risk, and respond to security threats.
Receive News & Ratings for Absolute Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Absolute Software and related companies with MarketBeat.com's FREE daily email newsletter.