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Softchoice (SFTC) Stock Forecast & Price Target

Softchoice logo
C$20.16
-0.62 (-2.98%)
(As of 11/4/2024 05:19 PM ET)

Softchoice - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
3

Based on 6 Wall Street analysts who have issued ratings for Softchoice in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 3 have given a hold rating, and 3 have given a buy rating for SFTC.

Consensus Price Target

C$22.00
9.13% Upside
According to the 6 analysts' twelve-month price targets for Softchoice, the average price target is C$22.00. The highest price target for SFTC is C$26.00, while the lowest price target for SFTC is C$19.50. The average price target represents a forecasted upside of 9.13% from the current price of C$20.16.
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SFTC Analyst Ratings Over Time

TypeCurrent Forecast
11/6/23 to 11/5/24
1 Month Ago
10/7/23 to 10/6/24
3 Months Ago
8/8/23 to 8/7/24
1 Year Ago
11/6/22 to 11/6/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$22.00C$22.00C$21.83C$20.29
Forecasted Upside9.13% Upside13.99% Upside20.63% Upside14.54% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy

SFTC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SFTC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Softchoice Stock vs. The Competition

TypeSoftchoiceComputer and Technology Companies
Consensus Rating Score
2.50
2.67
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent SFTC News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/14/2024Scotiabank
5 of 5 stars
 Boost TargetSector PerformC$18.00 ➝ C$20.00+12.36%
8/12/2024ATB Capital
4 of 5 stars
 UpgradeSector Perform ➝ OutperformC$18.50 ➝ C$23.00+19.54%
8/12/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector PerformC$19.00 ➝ C$20.00+3.95%
5/9/2024Cormark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$26.00 ➝ C$21.50+23.63%
5/9/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$25.00 ➝ C$24.00+38.01%
3/6/2024CIBC
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 Boost TargetNeutralC$17.50 ➝ C$19.50-11.32%
11/10/2023TD Securities
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 Boost TargetBuyC$24.00 ➝ C$26.00+47.73%
3/10/2023BMO Capital Markets
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 Lower TargetC$20.00 ➝ C$19.00+25.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:30 AM ET.


SFTC Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Softchoice is C$22.00, with a high forecast of C$26.00 and a low forecast of C$19.50.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Softchoice in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SFTC shares.

According to analysts, Softchoice's stock has a predicted upside of 9.13% based on their 12-month stock forecasts.

Over the previous 90 days, Softchoice's stock had 1 upgrade by analysts.

Softchoice has been rated by research analysts at ATB Capital, Royal Bank of Canada, and Scotiabank in the past 90 days.

Analysts like Softchoice less than other "computer and technology" companies. The consensus rating score for Softchoice is 2.50 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how SFTC compares to other companies.


This page (TSE:SFTC) was last updated on 11/5/2024 by MarketBeat.com Staff
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