Softchoice Co. (TSE:SFTC – Get Free Report) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$22.00.
SFTC has been the topic of a number of analyst reports. Royal Bank of Canada lifted their target price on Softchoice from C$19.00 to C$20.00 and gave the stock a “sector perform” rating in a research report on Monday, August 12th. Scotiabank lifted their price objective on shares of Softchoice from C$18.00 to C$20.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 14th. Finally, ATB Capital upgraded shares of Softchoice from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$18.50 to C$23.00 in a research report on Monday, August 12th.
Check Out Our Latest Stock Report on SFTC
Softchoice Stock Up 3.8 %
About Softchoice
Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software and hardware asset management solutions, and IT procurement services; network and security support solutions.
Featured Stories
- Five stocks we like better than Softchoice
- What is a Low P/E Ratio and What Does it Tell Investors?
- When Is the Best Time to Invest in Mutual Funds?
- Canadian Penny Stocks: Can They Make You Rich?
- Is NVIDIA Stock in a Correction or Consolidation?
- What is MarketRankā¢? How to Use it
- 3 Oversold Stocks with Big RSI Rebound Potential
Receive News & Ratings for Softchoice Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Softchoice and related companies with MarketBeat.com's FREE daily email newsletter.