Scotiabank raised SoftChoice(SFTC:TSX) to $32 from $30

STA Research
by: STA Research

Scotiabank Capital raised the target on SoftChoice Corp. to $32 rom $30, and maintained the Outperform rating on the company’s stock price.

Based on the Softchoice Corp stock forecasts from 7 analysts, the average analyst target price for Softchoice Corp is CAD 34.40 over the next 12 months. Softchoice Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Softchoice Corp is Neutral, which is based on 1 positive signals and 1 negative signals. At the last closing, Softchoice Corp’s stock price was CAD 26.31. Softchoice Corp’s stock price has changed by +0.00% over the past week, +0.00% over the past month and +0.00% over the last year.

What we like:

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What we don’t like:

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

 

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