Laurentian Boosts TECSYS (TCS) Price Target to C$18.25
Other equities analysts have also recently issued reports about the company. Industrial Alliance Securities reiterated a buy rating and set a C$17.00 price target on shares of TECSYS in a report on Wednesday, September 27th. Laurentian Bank of Canada increased their price target on TECSYS from C$16.00 to C$18.25 in a report on Monday.
Shares of TECSYS (TCS) opened at C$16.01 on Monday. TECSYS has a twelve month low of C$9.24 and a twelve month high of C$17.18.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 11th. Stockholders of record on Thursday, December 21st will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, December 20th. This is a boost from TECSYS’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.25%. TECSYS’s dividend payout ratio is currently 23.68%.
In other news, Director Vernon Lobo sold 6,000 shares of the stock in a transaction on Thursday, October 12th. The stock was sold at an average price of C$15.95, for a total transaction of C$95,700.00. Also, Director Peter Brereton sold 67,920 shares of the stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of C$14.90, for a total value of C$1,012,008.00.
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TECSYS Company Profile
Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.
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