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Absolute Software (TSE:ABT) target price lowered to $7.00, reported today by TD Securities

Absolute Software (TSE:ABT) had its target price lowered to $7.00 by TD Securities in a report released Tuesday November 14, 2017. The new target price indicates a possible downside of -0.01% based on the company's last stock close price.

Previously on 8/18/2017, BMO Capital Markets reported about Absolute Software (TSE:ABT) raised the target price from $0.00 to $8.50. At the time, this indicated a possible upside of 0.13%.

Yesterday Absolute Software (TSE:ABT) traded -6.13% lower at $7.08. Absolute Software’s 50-day moving average is $7.96 and its 200-day moving average is $7.65. With the last stock price down -1.90% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. Trade Volume was up over the average, with 468,602 shares of ABT changing hands over the typical 52,936

Recent Performance Chart

Absolute Software (TSE:ABT)

Absolute Software has with a 52 week low of $5.81 and a 52 week high of $8.42 and has a market capitalization of $0.

In addition to TD Securities reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $7.51 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Absolute Software (TSE:ABT)

Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones. The Company's solutions are delivered in a software as a service (SaaS) business model. The Company's solutions and technology include Absolute Data and Device Security (Absolute DDS), which enables customers to secure endpoints, asses risk and respond to security threats; Persistence Technology, and Persistence Services. The Company's Absolute DDS enables customers to monitor the security posture of their computing endpoints and respond to security threats. With Absolute DDS, customers can define security alerts based on changes in device attributes, such as software, data, hardware and users.

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