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TIO Networks Receives Analyst Buy Rating

Morag Mcgreevey
Feb. 11, 2016 02:01PM PST
Technology Investing

Market Beat Ratings reports that TIO Networks Corp. (TSXV:TNC) has received a consensus recommendation of “Buy” by the six research firms that are covering the firm.

Market Beat Ratings reports that TIO Networks Corp. (TSXV:TNC) has received a consensus recommendation of “Buy” by the six research firms that are covering the firm.
According to an article on Daily Political:

Five research analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have covered the stock in the last year is C$2.24. TNC has been the subject of several analyst reports. Pi Financial dropped their target price on TIO Networks Corp. from C$3.00 to C$2.95 and set a “buy” rating for the company in a report on Thursday, February 4th. Paradigm Capital initiated coverage on TIO Networks Corp. in a report on Thursday, December 3rd. They set a “buy” rating and a C$2.25 target price for the company. Beacon Securities restated a “buy” rating on shares of TIO Networks Corp. in a report on Tuesday, November 17th. Finally, National Bank Financial upgraded TIO Networks Corp. to a “target” rating and increased their target price for the company from C$1.50 to C$2.25 in a report on Wednesday, November 25th. TIO Networks Corp. is a Canada-based information technology company that specializes in processing bill payment transactions through a secure Internet enabled platform. The Company is a cloud based multi-channel bill payment processor. It serves telecom, wireless, cable and utility network operators in North America.

Click here to read the full article.

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