TECSYS gets price target raise to $11.00 at Cantor Fitzgerald Canada

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After speculating late last month that TECSYS (TSX:TCS) could “double or triple” in the next three years, Cantor Fitzgerald Canada analyst Justin Kew has raised his price target on the stock. In a research update to clients following the company’s third quarter results, Kew maintained his “Buy” rating, but raised his one year target on […]

TECSYS could double or triple, says Cantor Fitzgerald

TECSYS CEO Peter Brereton.

If the company keeps winning business at its current rate, TECSYS (TSX:TCS) shares could double or triple over the next three years, says Cantor Fitzgerald Canada analyst Justin Kew. On Thursday, TECSYS will report its Q3, 2015 results. Kew expects it will post EBITDA of $1.4 million on revenue of $14.2-million. Both numbers are in […]

TECSYS CEO Peter Brereton talks to Cantech Letter

TECSYS CEO Peter Brereton.

Mention the name TECSYS (TSX:TCS) to a casual observer and the image of a warehouse might spring to their mind. While the more than three-decades old company is indeed known to those who deal in pallet jacks and container tilters and trans-stackers, TECSYS was never really about any particular setting. The company is, in fact, […]

TECSYS gets price target raise at Cantor Fitzgerald Canada

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TECSYS’s (TSX:TCS) recent upward revenue trend is sustainable as the company continues to build its success in the healthcare vertical, says Cantor Fitzgerald Canada analyst Justin Kew. On Tuesday, TECSYS reported its Q2, 2015 results. The company earned $410,000 on revenue of $13.5-million, a 16% topline bump over the $11.7-million in revenue the company reported […]

TECSYS gets love from Gartner, Industrial Alliance

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Industrial Alliance Securities analyst Steve Li says there are many reasons to remain bullish about TECSYS (TSX:TCS). In a research update to clients this morning, Li maintained his “Strong Buy” rating and $10.50 one-year target on TECSYS, implying a return of 33.2% at the time of publication. Yesterday, TECSYS announced it had been granted patent […]

Tecsys gets price target raise at Paradigm

Paradigm Capital analyst Gabriel Leung says Tecsys is pursuing a "very significant" market opportunity in the healthcare vertical.

Paradigm analyst Gabriel Leung says Tecsys’s (TSX:TCS) most recent quarterly results confirm his bullish take on the company’s prospects. Yesterday, Tecsys reported its Q1, 2015 results. The company earned $343,000 on revenue of $13-million, up 23% from the $10.6-million topline the company posted in the same period last year. “This quarter we further extended our […]

Tecsys’s leadership role in healthcare validated by new contracts, says PI

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Three new contracts validate Tecsys’s (TSX:TCS) leadership role in providing supply chain solutions in the healthcare market, says PI analyst Pardeep Sangha. Yesterday, Tecsys announced it had added three “major” health systems as customers. CFO Berty Ho-Wo-Cheong commented on the development. “The rapid rate of change health care organizations are facing has driven the adoption […]

TECSYS has double-digit upside, says Cantor Fitzgerald Canada

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A number of catalysts are lined up that could drive growth for TECSYS (TSX:TCS), says Cantor Fitzgerald Canada analyst Justin Kew. In a research report to clients yesterday, Kew initiated coverage of TECSYS with a “Buy” rating and an $8.50 one-year target. The analyst says the company enjoys a stable recurring revenue model, an industry […]

Paradigm launches coverage of Tecsys with a Buy rating, $10.00 target

Public Law 113-54, which was signed into law by President Obama last November, establishes a national track and trace system for prescription medication that could accelerate an upgrade cycle of technology throughout the healthcare supply chain, says Paradigm Capital analyst Gabriel Leung.

There is a multi-billion dollar market opportunity in automating the healthcare supply chain and Tecsys (TSX:TCS) is positioned to grab a share of it, says Paradigm Capital analyst Gabriel Leung. In a research report to clients this morning, Leung initiated coverage of Tecsys with a “Buy” rating and a one-year target of $10.00, implying a […]

“Strong Buy” TECSYS gets price target raise from Industrial Alliance

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Industrial Alliance analyst Steve Li says he doesn’t see many synergies in TECSYS’ (TSX:TCS) latest acquisition, but he does see “significant” cross selling opportunities. On May 29th, TECSYS announced it had signed an agreement to buy all the shares of of Logi-D Holding, a provider of point-of-use technology for supply chain automation servicing hospitals and […]