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Canaccord Genuity Sticks to Their Buy Rating for Dropsuite Ltd. (EXMXF)
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Canaccord Genuity Sticks to Their Buy Rating for Dropsuite Ltd. (EXMXF)

In a report released on April 22, Owen Humphries from Canaccord Genuity maintained a Buy rating on Dropsuite Ltd. (EXMXFResearch Report), with a price target of A$0.40. The company’s shares closed last Friday at $0.07.

According to TipRanks, Humphries is ranked #1421 out of 8739 analysts.

Currently, the analyst consensus on Dropsuite Ltd. is a Strong Buy with an average price target of $0.24, implying a 269.23% upside from current levels. In a report released on April 22, Shaw and Partners also maintained a Buy rating on the stock with a A$0.41 price target.

The company has a one-year high of $0.07 and a one-year low of $0.07. Currently, Dropsuite Ltd. has an average volume of 1,000.

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Dropsuite Ltd. (EXMXF) Company Description:

Dropsuite Ltd is a cloud-based software service provider. The company enables small and medium-sized enterprises to easily backup, recover and protect their business information. Its products include website and database backup, email backup and archiving and file-based server backup. The company has a sales presence across six geographic markets.

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