Analysts Set Converge Technology Solutions Corp. (TSE:CTS) Price Target at C$13.18

Shares of Converge Technological innovation Solutions Corp. (TSE:CTSGet Rating) have been specified a consensus suggestion of “Buy” by the 13 analysts that are covering the corporation, Marketbeat Scores reports. One particular analyst has rated the inventory with a keep rating and 6 have issued a get rating on the corporation. The ordinary 1-calendar year value target amongst analysts that have up-to-date their coverage on the inventory in the very last yr is C$13.18.

A range of equities analysts have issued reports on the stock. CIBC slash their focus on rate on shares of Converge Know-how Alternatives from C$12.50 to C$11.00 in a report on Monday, January 31st. Nationwide Lender Money reissued an “outperfrom underneath weight” rating on shares of Converge Technology Options in a report on Tuesday, April 26th. TD Securities cut their rate goal on Converge Technological innovation Remedies from C$13.00 to C$12.00 and established a “hold” rating on the stock in a report on Thursday, March 24th. Echelon Prosperity Partners reaffirmed a “buy” ranking and set a C$14.50 selling price focus on on shares of Converge Technological innovation Remedies in a report on Thursday, April 7th. Last but not least, National Bankshares set a C$14.00 price goal on Converge Technological know-how Options and gave the business an “outperform” rating in a report on Wednesday, April 27th.

TSE CTS traded down C$.14 for the duration of buying and selling hours on Wednesday, achieving C$8.49. The company’s inventory had a investing quantity of 188,738 shares, when compared to its regular volume of 637,090. The company has a present-day ratio of 1.32, a fast ratio of 1.12 and a financial debt-to-equity ratio of 2.93. The business has a 50-working day simple transferring ordinary of C$8.21 and a 200 day basic moving common of C$8.18. Converge Technologies Solutions has a 52 week low of C$6.16 and a 52 7 days high of C$13.09. The stock has a industry cap of C$1.82 billion and a PE ratio of 106.13.

Converge Technologies Methods Business Profile (Get Score)

Converge Technological innovation Remedies Corp., by its subsidiaries, distributes storage equipment and devices, laptop or computer merchandise, computer software, and peripherals. The firm also offers set up and servicing analytics, hybrid cloud, infrastructure, and cybersecurity providers cloud shipping and delivery, compute performance, community optimization, and IT commit optimization options and IT experienced companies, these kinds of as information centre infrastructure integration and solutioning, and cloud optimization.

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Analyst Recommendations for Converge Technology Solutions (TSE:CTS)

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