Absolute Software (ABT) Receives C$7.71 Consensus Price Target from Analysts

Shares of Absolute Software (TSE:ABT) have received an average recommendation of “Hold” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$7.71.

ABT has been the subject of a number of research analyst reports. Canaccord Genuity reduced their target price on Absolute Software from C$8.00 to C$7.50 in a report on Tuesday, November 14th. Pi Financial reduced their target price on Absolute Software from C$9.00 to C$8.75 in a report on Friday, August 18th. TD Securities reduced their target price on Absolute Software from C$8.00 to C$7.00 and set a “hold” rating for the company in a report on Tuesday, November 14th. BMO Capital Markets reissued a “market perform” rating and set a C$8.50 target price on shares of Absolute Software in a report on Friday, August 18th. Finally, National Bank Financial reduced their target price on Absolute Software from C$8.00 to C$7.00 and set a “sector perform” rating for the company in a report on Tuesday, November 14th.

Shares of Absolute Software (ABT) traded down C$0.03 during trading on Friday, hitting C$6.76. The company’s stock had a trading volume of 22,522 shares, compared to its average volume of 68,164. Absolute Software has a fifty-two week low of C$6.21 and a fifty-two week high of C$8.82.

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Absolute Software Company Profile

Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones.

Analyst Recommendations for Absolute Software (TSE:ABT)

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