Absolute Software (ABT) Price Target Increased to C$9.25 by Analysts at Canaccord Genuity

Absolute Software (TSE:ABT) had its price objective hoisted by Canaccord Genuity from C$9.00 to C$9.25 in a report released on Tuesday, May 7th, BayStreet.CA reports.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets increased their price target on shares of Absolute Software from C$8.50 to C$9.50 in a report on Tuesday, February 5th. Pi Financial increased their price target on shares of Absolute Software from C$10.50 to C$11.50 in a report on Tuesday, February 5th. TD Securities increased their price target on shares of Absolute Software from C$8.50 to C$9.00 and gave the stock a hold rating in a report on Tuesday, February 5th. Finally, National Bank Financial increased their price target on shares of Absolute Software from C$8.00 to C$9.00 and gave the stock a sector perform rating in a report on Friday, January 25th.

TSE ABT traded down C$0.07 during trading on Tuesday, hitting C$8.50. 42,630 shares of the company’s stock traded hands, compared to its average volume of 134,095. Absolute Software has a 12-month low of C$6.74 and a 12-month high of C$9.28. The company has a market cap of $353.76 million and a PE ratio of 42.71.

About Absolute Software

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.

Further Reading: How does equity income fit into an investing strategy?

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.