Softchoice (SFTC) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Softchoice (TSE: SFTC) recently:

• 1/3/2025 – Softchoice was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating. They now have a C$25.50 price target on the stock, up previously from C$24.00.
• 1/2/2025 – Softchoice was downgraded by analysts at ATB Capital from an “outperform” rating to a “tender” rating. They now have a C$24.50 price target on the stock, down previously from C$26.00.
• 1/2/2025 – Softchoice was downgraded by analysts at Cormark from a “buy” rating to a “tender” rating. They now have a C$24.50 price target on the stock, down previously from C$25.50.
• 1/2/2025 – Softchoice was downgraded by analysts at CIBC from a “neutral” rating to a “tender” rating. They now have a C$24.50 price target on the stock, up previously from C$23.00.
• 1/2/2025 – Softchoice was downgraded by analysts at National Bankshares, Inc. from an “outperform” rating to a “tender” rating. They now have a C$24.50 price target on the stock, up previously from C$23.00.
• 11/12/2024 – Softchoice was upgraded by analysts at Scotiabank from a “sector perform” rating to an “outperform” rating. They now have a C$24.00 price target on the stock, up previously from C$20.00.
• 11/11/2024 – Softchoice had its price target raised by analysts at Cormark from C$24.00 to C$25.50.

Softchoice Price Performance

Shares of SFTC stock traded up C$0.02 during trading hours on Tuesday, reaching C$24.25. 123,077 shares of the stock were exchanged, compared to its average volume of 145,357. Softchoice Co. has a 12-month low of C$15.71 and a 12-month high of C$24.45. The business’s fifty day moving average is C$22.43 and its two-hundred day moving average is C$19.62. The firm has a market capitalization of C$1.46 billion, a P/E ratio of 26.94 and a beta of -0.14.

Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software and hardware asset management solutions, and IT procurement services; network and security support solutions.