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Terago Inc. (TSE:TGO) target price increased to $7.00, reported today by TD Securities

Terago Inc. (TSE:TGO) had its price target increased to $7 by TD Securities in a report announced 8/16/2016. The new target price suggests a possible upside of 0.35% from the bussiness’ previous closing price.

Displaying a price of $5.20, Terago Inc. (TSE:TGO) traded 0.00% even on the day. With the last stock price close down 2.56% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Terago Inc. has registered a 50-day average of $5.23 and 200-day moving average of $5.23. Trade volume was was down over the average, with 2,856 shares of TGO changing hands under the typical 7,357 shares.

Performance Chart:

Terago Inc. (TSE:TGO)

Terago Inc. has a 52 week low of $4.20 and a one-year high of $5.99 and has a market capitalization of $0.0.

In addition to TD Securities reporting it’s price target, a total of 4 equity analysts have issued a report on TGO. The average target is $6.22 with 0 rating the company a strong buy, 0 rating the company a buy, 0 firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 analystsrating the company as sell.

Brief Synopsis On Terago Inc. (TSE:TGO)

TeraGo Inc., through its subsidiaries, provides businesses across Canada with data and voice communications services, data center colocation and hosting services through its approximately seven data centers, as well as cloud Infrastructure as a Service (IaaS) computing and storage solutions. With respect to its data and voice communications services, the Company owns and operates a carrier-grade, MultiProtocol Label Switching (MPLS)-enabled fixed wireless, Internet protocol (IP) communications network in Canada targeting businesses that require Internet access and data connectivity services. It provides enterprise cloud services to multiple high value enterprise customers across verticals, including secondary and post-secondary education, hospitals, federal and provincial governments and non-profit organizations. The Company specializes in managing enterprise cloud services, and including Platform as a Service (PaaS) with network. It offers disaster recovery services on a custom basis.

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