On March 8, an analyst has provided a rating update for Enghouse Systems (ENGH). Analyst Deepak Kaushal from GMP FirstEnergy rated Enghouse Systems (ENGH) a Buy on March 8, setting a C$43 price target.
Kaushal has an average return of 16.4% when recommending Enghouse Systems.
According to TipRanks.com, Kaushal is ranked #4260 out of 5218 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enghouse Systems with a C$40.50 average price target, which is a 18.0% upside from current levels. In a report released yesterday, RBC Capital also reiterated a Buy rating on the stock with a C$43 price target.
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Based on Enghouse Systems’ latest earnings release for the quarter ending January 31, the company reported a quarterly net profit of C$14.96 million. In comparison, last year the company had a net profit of C$6.81 million.
Enghouse Systems Ltd. engages in the development of enterprise software solutions. It operates through the Interactive Management Group and Asset Management Group segments.
The company’s shares closed on Monday at C$34.32.
