Enghouse Systems (ENGH) Price Target Raised to C$65.00

Enghouse Systems (TSE:ENGH) had its price target upped by research analysts at Royal Bank of Canada from C$60.00 to C$65.00 in a research note issued on Monday, December 18th. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s target price suggests a potential upside of 5.61% from the company’s current price.

Separately, Scotiabank reduced their price target on shares of Enghouse Systems from C$63.00 to C$61.00 and set an “outperform” rating for the company in a report on Tuesday, September 12th.

Enghouse Systems (ENGH) traded down C$0.16 during mid-day trading on Monday, reaching C$61.55. 12,626 shares of the company’s stock traded hands, compared to its average volume of 23,896. Enghouse Systems has a 12-month low of C$49.31 and a 12-month high of C$64.39. The company has a market capitalization of $1,660.00, a price-to-earnings ratio of 32.91 and a beta of 1.08.

In other news, insider Stephen Sadler sold 5,000 shares of the business’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of C$52.95, for a total transaction of C$264,750.00.

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Enghouse Systems Company Profile

Enghouse Systems Limited develops and sells enterprise oriented applications software solutions worldwide. It operates two segments, Interactive Management Group and Asset Management Group. The company offers communications software and services, including contact center, self-service, reception and call handling, quality and control, and integration services, as well as attendant console, interactive voice response, dialers, and agent performance optimization and analytics solutions.

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