Enghouse Systems Receives a Buy from GMP FirstEnergy

By Jason Carr

Enghouse Systems (TSX: ENGH), the Technology company, was revisited by a Wall Street analyst on February 1. GMP FirstEnergy’s analyst Michael Urlocker reiterates their Buy rating on the shares, with a C$67 price target.

Urlocker has an average return of 10.5% when recommending Enghouse Systems.

According to TipRanks.com, Urlocker is ranked #354 out of 4562 analysts.

Currently, the analyst consensus on Enghouse Systems is Moderate Buy and the average price target is C$64.67, representing a 12.4% upside.

In a report issued on March 7, Scotiabank also maintained a Buy rating on the stock with a C$64 price target.

The company has a one year high of C$64.39 and a one year low of C$48.40. Currently, Enghouse Systems has an average volume of 29.46K.

Enghouse Systems Ltd. engages in the development of enterprise software solutions. The company operates through the Interactive Management Group and Asset Management Group segments. The Interactive Management Group segment specializes in customer interaction software and service that are designed to provide customer service, increase efficiency and manage customer communications. The Asset Management Group segments provides portfolio of products to telecommunication service providers, fleet managements and public safety software solutions for various industries. The company was founded on November 23, 1984 and is headquartered in Markham, Canada.