Mean Analyst Price Targets Of These 4 Stocks Imply Upside Potential Of From 21% To 127%

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

The mean analyst price targets of the 4 companies on our list today imply upsides to their current stock prices of from 21% to 127% suggesting major profit opportunities could be realized if said targets are achieved.

Written by SmallCapPower.com

1. Memex Inc. (CVE:OEE)(MENXF) – $0.32
IT Services & Consulting

Memex Inc is a Canada-based provider of Industrial Internet of Things (IIoT) technology. The Company’s flaghship product, the MERLIN IIoT communications platform, reveals hidden factories when customers replace subjective data collection with software. MERLIN connects industrial machines and delivers manufacturing productivity metrics, providing manufacturing analytics in real-time from the shop floor to the top floor. The Company has over 100 manufacturing customers, such as Mazak USA, Magellan Aerospace, Homemeyer Precision Manufacturing and Milwaukee Tool that use MERLIN IIoT software every day to increase productivity in their plants.

2. BSM Technologies Inc. (TSE:GPS)(BSMZF) – $1.23
IT Services & Consulting

BSM Technologies Inc. (BSM) is a Canada-based company engaged in the development and provision of hardware and software solutions. The Company’s software and hardware solutions provide a link between its customers’ operations and the systems they use to run their business. Its solutions are capable of being deployed over cellular, wireless fidelity (Wi-Fi) or satellite networks. BSM’s services are delivered over a network utilizing the Internet and are provided on a software as a service (SaaS) basis. BSM’s solutions provide information that enables its customers monitor and manage their assets in various areas, such as telematics, fuel and maintenance, compliance, routing and scheduling, work flow management, machine to machine and system integration.