Enghouse Systems Limited (EGHSF) Receives a Buy from RBC Capital

In a report released today, Paul Treiber from RBC Capital maintained a Buy rating on Enghouse Systems Limited (EGHSFResearch Report), with a price target of $50. The company’s shares closed last Monday at $28.50, close to its 52-week low of $23.43.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 17.2% and a 76.0% success rate. Treiber covers the Technology sector, focusing on stocks such as CGI Group, Open Text, and Shopify.

Currently, the analyst consensus on Enghouse Systems Limited is a Moderate Buy with an average price target of $35.16, representing a 23.4% upside. In a report issued on September 10, CIBC also reiterated a Buy rating on the stock with a $43 price target.

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The company has a one-year high of $54.74 and a one-year low of $23.43. Currently, Enghouse Systems Limited has an average volume of 449.

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Enghouse Systems Ltd. engages in the development of enterprise software solutions. It operates through the Interactive Management Group and Asset Management Group segments.