Royal Bank of Canada Downgrades Copperleaf Technologies (TSE:CPLF) to Sector Perform

Royal Bank of Canada cut shares of Copperleaf Technologies (TSE:CPLF) from an outperform rating to a sector perform rating in a report issued on Wednesday, BayStreet.CA reports. They currently have C$12.00 price objective on the stock, up from their previous price objective of C$11.00.

A number of other brokerages have also recently issued reports on CPLF. CIBC upped their target price on Copperleaf Technologies from C$7.00 to C$9.00 in a research report on Friday, May 10th. Cormark upped their target price on Copperleaf Technologies from C$11.25 to C$12.00 in a research report on Wednesday. William Blair reaffirmed a market perform rating on shares of Copperleaf Technologies in a research report on Wednesday. BMO Capital Markets upped their target price on Copperleaf Technologies from C$8.00 to C$9.00 and gave the stock an outperform rating in a research report on Friday, April 19th. Finally, Canaccord Genuity Group upped their price target on Copperleaf Technologies from C$7.00 to C$10.00 and gave the stock a speculative buy rating in a report on Friday, May 10th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of C$11.17.

Copperleaf Technologies Trading Up 0.2 %

Shares of TSE CPLF opened at C$11.84 on Wednesday. The stock has a market cap of C$879.12 million, a price-to-earnings ratio of -32.89, a PEG ratio of -1.87 and a beta of 1.09. The business has a 50 day simple moving average of C$8.14 and a 200 day simple moving average of C$6.94. Copperleaf Technologies has a 52 week low of C$4.94 and a 52 week high of C$11.95. The company has a debt-to-equity ratio of 1.96, a quick ratio of 5.16 and a current ratio of 2.64.

Copperleaf Technologies Company Profile

Copperleaf Technologies Inc provides decision analytics software solutions to companies managing critical infrastructure worldwide. The company offers Copperleaf Asset, which enables organizations to create, manage, and visualize asset strategies that maximize business value while managing risk; Copperleaf Portfolio, a decision analytics solution to create, manage, and communicate investment plans; Copperleaf Value for organizations to create an enterprise understanding of value and align investment decisions with business strategy; Copperleaf CNAIM that provides a common framework for asset risk modeling and risk-based decision making for electric utilities; Copperleaf H2O solution for water utilities; and decision analytics consulting services.