Royal Bank Of Canada Cuts Topicus.com (CVE:TOI) Price Target to C$160.00

Topicus.com (CVE:TOI) had its price objective cut by Royal Bank Of Canada from C$190.00 to C$160.00 in a report released on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 42.22% from the stock’s previous close.

Topicus.com Stock Up 1.2%

Topicus.com stock traded up C$1.30 during trading on Monday, reaching C$112.50. 113,871 shares of the company were exchanged, compared to its average volume of 93,344. The firm’s 50 day moving average price is C$124.04. The firm has a market capitalization of C$9.38 billion, a P/E ratio of 362.90 and a beta of -0.15. Topicus.com has a 52-week low of C$108.77 and a 52-week high of C$199.00.