Enghouse Systems (ENGH) Gets a Buy Rating from RBC Capital

By Jason Carr

Enghouse Systems (ENGHResearch Report), the Technology company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Paul Treiber from RBC Capital reiterated a Buy rating, with a C$48 price target.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 16.3% and a 76.5% success rate. Treiber covers the Technology sector, focusing on stocks such as Enghouse Systems Limited, CGI Group, and Descartes.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enghouse Systems with a C$43.50 average price target.

Enghouse Systems’ market cap is currently C$1.92B and has a P/E ratio of 28.7. The company has a Price to Book ratio of 5.26.

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$36.96.