Tracsis Plc 43.9% potential upside indicated by Berenberg Bank

Tracsis Plc with ticker (LON:TRCS) now has a potential upside of 43.9% according to Berenberg Bank.



Berenberg Bank set a target price of 1,295 GBX for the company, which when compared to the Tracsis Plc share price of 900 GBX at opening today (09/05/2024) indicates a potential upside of 43.9%. Trading has ranged between 690 (52 week low) and 1,030 (52 week high) with an average of 46,262 shares exchanging hands daily. The market capitalisation at the time of writing is £275,765,854.

Tracsis plc is a provider of transport technology. The Company provides software, hardware, data analytics/ geographic information systems (GIS) and services for the rail, traffic data and wider transport industries. The Company operates through two segments: Rail Technology & Services and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment offers a range of products and services for the rail industry, such as software, hosting services and remote condition monitoring. Its customer base in the Rail Technology & Services segment includes train operating companies and infrastructure providers. The Data, Analytics, Consultancy & Events segment includes traffic data collection, event planning and traffic management, data, analytics, and consultancy offerings. It develops and supplies software that solves complex resource, asset optimization and control problems for train operators, as well as smart ticketing, delay repay and other retail software.