Canaccord Genuity Issues a Hold Rating on exactEarth

By Ryan Adsit

The Technology company, exactEarth (TSX: XCT), has received a rating update from a Wall Street analyst today. The company received a Hold rating from Canaccord Genuity’s analyst Doug Taylor, with a C$1.30 price target.

According to TipRanks.com, Taylor is ranked #556 out of 4642 analysts.

exactEarth has an analyst consensus of Hold, with a price target consensus of C$1.30.

exactEarth’s market cap is currently C$25.49M and has a P/E ratio of 0.

exactEarth Ltd. engages in the provision of global maritime vessel data for ship tracking and maritime situational awareness solutions. Its products include exactAIS, exactAIS Archive, exactEarth ShipView, exactAIS Geospatial Web Services, exactAIS Density Maps, and exactTrax. exactEarth was founded in 2009 and is headquartered in Cambridge, Canada.

The company’s shares closed on Wednesday at C$1.19, close to its 52-week low of C$1.05.