Absolute Software Corp (ALSWF) Outlook Is Clouded Says TD Securities

August 14, 2018 8:18 AM EDT
Get Alerts ALSWF Hot Sheet
Price: $12.07 --0%

Rating Summary:
    0 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 26 | New: 11
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TD Securities analyst Daniel Chan maintains Hold on Absolute Software Corporation (OTC: ALSWF).

The analyst comments "Our target price increases due to expanding margin assumptions. However, lacklustre top-line expectations, continued challenges in the education vertical, combined with ongoing uncertainty around management changes, keep us on the sidelines."

Chen raises his price target to CAD$8.00 (from CAD$7.00).

For an analyst ratings summary and ratings history on Absolute Software Corporation click here. For more ratings news on Absolute Software Corporation click here.

Shares of Absolute Software Corporation closed at $5.85 yesterday.

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