Copperleaf Technologies (TSE:CPLF) Price Target Raised to C$8.00

Copperleaf Technologies (TSE:CPLF) had its target price lifted by stock analysts at Royal Bank of Canada from C$7.00 to C$8.00 in a research report issued on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 19.40% from the company’s previous close.

A number of other research firms have also issued reports on CPLF. CIBC upgraded shares of Copperleaf Technologies from an “underperform” rating to a “neutral” rating and increased their target price for the stock from C$5.00 to C$7.00 in a report on Wednesday. BMO Capital Markets boosted their price objective on shares of Copperleaf Technologies from C$7.00 to C$8.00 in a report on Wednesday.

Copperleaf Technologies Stock Performance

Shares of CPLF traded up C$0.20 during trading hours on Wednesday, reaching C$6.70. 1,384,750 shares of the company traded hands, compared to its average volume of 141,224. The business has a fifty day moving average price of C$6.16 and a 200-day moving average price of C$5.85. The stock has a market capitalization of C$488.83 million, a P/E ratio of -14.89, a P/E/G ratio of -1.87 and a beta of 0.96. Copperleaf Technologies has a 12-month low of C$4.70 and a 12-month high of C$6.85. The company has a quick ratio of 5.16, a current ratio of 3.33 and a debt-to-equity ratio of 2.31.

Copperleaf Technologies Company Profile

CopperLeaf Technologies Inc provides decision analytics software solutions to companies managing critical infrastructure worldwide. The company's software leverages operational and financial data to help clients manage their assets and optimize their investment decisions to realize the business value.