mdf commerce (TSE:MDF) had its price target boosted by stock analysts at National Bank Financial to C$13.50 in a report released on Thursday, Stock Target Advisor reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 33.66% from the company’s previous close.
A number of other analysts also recently issued reports on MDF. National Bankshares raised their price target on mdf commerce from C$10.32 to C$13.50 and gave the stock a “sector perform” rating in a research report on Thursday. Acumen Capital lowered their price target on mdf commerce to C$14.00 and set a “na” rating for the company in a research report on Friday, June 11th.
MDF traded down C$0.22 during trading on Thursday, reaching C$10.10. The company had a trading volume of 17,380 shares, compared to its average volume of 54,732. The company has a market capitalization of C$286.88 million and a PE ratio of -26.20. The business’s 50 day moving average is C$10.77. mdf commerce has a 52 week low of C$5.85 and a 52 week high of C$16.90. The company has a current ratio of 3.82, a quick ratio of 3.68 and a debt-to-equity ratio of 5.35.
mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, Asia, and internationally. The company's SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include e-commerce, strategic sourcing, supply chain collaboration, and emarketplaces.
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