TeraGo (TSE:TGO) had its price objective increased by stock analysts at TD Securities from C$7.50 to C$10.00 in a report issued on Friday. The firm presently has a “hold” rating on the stock. TD Securities’ target price would suggest a potential upside of 0.10% from the stock’s current price.
Several other brokerages have also recently issued reports on TGO. Desjardins lifted their price objective on TeraGo from C$6.00 to C$7.00 in a research note on Friday, August 10th. Cormark lifted their price objective on TeraGo from C$6.05 to C$6.75 in a research note on Friday, August 10th.
Shares of TGO traded down C$0.24 during midday trading on Friday, hitting C$9.99. The company had a trading volume of 13,193 shares, compared to its average volume of 67,851. The company has a current ratio of 1.39, a quick ratio of 1.16 and a debt-to-equity ratio of 74.31. TeraGo has a 1 year low of C$4.04 and a 1 year high of C$10.50.
TeraGo Inc, together with its subsidiaries, provides connectivity, colocation, and enterprise infrastructure cloud services primarily in Canada. The company owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, Internet protocol (IP) communications network that provide Internet access, private interconnection, and data connectivity services to businesses.
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