Softchoice Co. (TSE:SFTC) Receives C$24.58 Average Price Target from Brokerages

Softchoice Co. (TSE:SFTC) has received an average rating of “Hold” from the two analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$24.58.

Separately, Royal Bank of Canada upped their target price on shares of Softchoice from C$23.00 to C$24.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 11th.

Softchoice Price Performance

The company has a 50 day moving average of C$24.36 and a two-hundred day moving average of C$21.55. Softchoice has a 12-month low of C$16.09 and a 12-month high of C$24.57. The stock has a market cap of C$1.04 billion, a price-to-earnings ratio of 26.68 and a beta of -0.14.

Softchoice Company Profile

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.