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CIBC Issues Positive Forecast for Information Services (TSE:ISV) Stock Price

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Information Services (TSE:ISV - Get Free Report) had its target price raised by research analysts at CIBC from C$34.00 to C$35.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. CIBC's price target would suggest a potential upside of 23.24% from the company's current price.

Separately, Royal Bank of Canada increased their price target on Information Services from C$27.00 to C$30.00 in a research report on Friday, August 9th.

Read Our Latest Report on ISV

Information Services Trading Down 1.5 %

Information Services stock traded down C$0.44 during trading on Thursday, hitting C$28.40. The company's stock had a trading volume of 2,201 shares, compared to its average volume of 5,331. The company has a debt-to-equity ratio of 99.98, a quick ratio of 1.69 and a current ratio of 0.74. The stock has a market capitalization of C$514.89 million, a price-to-earnings ratio of 24.96, a P/E/G ratio of 1.19 and a beta of 0.59. Information Services has a 1-year low of C$19.72 and a 1-year high of C$30.00. The stock's fifty day moving average is C$28.50 and its 200 day moving average is C$26.95.

Information Services (TSE:ISV - Get Free Report) last issued its earnings results on Tuesday, November 5th. The company reported C$0.60 earnings per share for the quarter. The company had revenue of C$60.93 million during the quarter, compared to the consensus estimate of C$63.40 million. Information Services had a return on equity of 12.37% and a net margin of 8.75%. As a group, equities research analysts predict that Information Services will post 2.2194553 EPS for the current year.

Information Services Company Profile

(Get Free Report)

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.

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