Absolute Software (ABT) PT Raised to C$7.50
Absolute Software (TSE:ABT) had its price objective raised by equities research analysts at National Bank Financial from C$7.00 to C$7.50 in a note issued to investors on Tuesday. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s target price suggests a potential downside of 3.47% from the stock’s previous close.
Separately, Pi Financial lowered their price objective on shares of Absolute Software to C$8.75 in a research note on Tuesday, May 8th. Five analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and an average target price of C$8.67.
TSE ABT traded up C$0.04 during trading hours on Tuesday, reaching C$7.77. The company’s stock had a trading volume of 31,580 shares, compared to its average volume of 51,740. Absolute Software has a fifty-two week low of C$6.06 and a fifty-two week high of C$8.82.
Absolute Software Corporation develops, markets, and supports endpoint security and data risk management, and endpoint management solutions for desktops, laptops, tablets, and smartphones in Canada, the United States, and internationally. The company operates through two segments, Data and Device Security, and Endpoint and Service Management.
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