Royal Bank Of Canada Reiterates “Sector Perform” Rating for Enghouse Systems Limited (ENGH)
Royal Bank Of Canada reissued their sector perform rating on shares of Enghouse Systems Limited (TSE:ENGH) in a report released on Monday, June 12th, StockTargetPrices.com reports.
Separately, Scotiabank reduced their target price on Enghouse Systems Limited from C$67.00 to C$63.00 and set an outperform rating for the company in a research report on Thursday, March 30th.
Enghouse Systems Limited (TSE:ENGH) traded down 0.33% during mid-day trading on Monday, reaching $51.84. 1,327 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $58.58 and a 200-day moving average price of $56.18. The stock has a market cap of $1.40 billion and a P/E ratio of 27.57. Enghouse Systems Limited has a 52 week low of $48.40 and a 52 week high of $64.39.
In related news, Director Reid Drury sold 1,600 shares of the company’s stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of C$59.85, for a total value of C$95,760.00. Also, insider Stephen Sadler sold 1,300 shares of the stock in a transaction on Friday, March 24th. The shares were sold at an average price of C$64.25, for a total value of C$83,525.00. Insiders have sold a total of 26,300 shares of company stock valued at $1,630,775 in the last ninety days.
About Enghouse Systems Limited
Enghouse Systems Limited develops enterprise software solutions for a range of vertical markets. The Company operates through two segments: the Interactive Management Group and the Asset Management Group. The Interactive Management Group specializes in customer interaction software and services that are designed to manage customer communications across the enterprise.
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