Converge Technology Solutions Corp. (CTS.V) (CVE:CTS) Given a C$12.50 Price Target by Raymond James Analysts

Raymond James set a C$12.50 price aim on Converge Technological know-how Options Corp. (CTS.V) (CVE:CTSGet Ranking) in a research report released on Tuesday early morning, BayStreet.CA experiences. The business currently has an outperform ranking on the inventory.

CTS has been the matter of several other studies. Scotiabank increased their goal rate on Converge Technological know-how Answers Corp. (CTS.V) from C$13.00 to C$14.00 in a investigation report on Tuesday, January 11th. Desjardins increased their concentrate on selling price on Converge Engineering Methods Corp. (CTS.V) to C$14.25 in a analysis report on Tuesday, January 11th. TD Securities lower their goal price on Converge Technology Methods Corp. (CTS.V) from C$13.00 to C$12.00 and set a keep ranking on the inventory in a research report on Thursday, March 24th. Last but not least, CIBC slice their concentrate on cost on Converge Technology Solutions Corp. (CTS.V) from C$12.50 to C$11.00 in a research report on Monday, January 31st. Two expense analysts have rated the stock with a keep rating and four have presented a get score to the company’s inventory. Centered on facts from MarketBeat, the stock presently has a consensus ranking of Obtain and a consensus cost focus on of C$12.78.

CTS stock opened at C$6.45 on Tuesday. The business has a quick ratio of .62, a latest ratio of .73 and a debt-to-equity ratio of 272.49. The company has a market capitalization of C$1.00 billion and a PE ratio of -165.38. The business’s fifty working day straightforward transferring normal is C$6.45. Converge Technologies Remedies Corp. has a 52-week very low of C$.75 and a 52-7 days large of C$6.80.

Converge Know-how Options Corp. (CTS.V) Company Profile (Get Score)

Converge Technological know-how Alternatives Corp., via its subsidiaries, distributes storage devices and techniques, computer system solutions, software, and peripherals. The corporation also provides analytics, hybrid cloud, infrastructure, and cybersecurity expert services cloud delivery, compute efficiency, community optimization, and IT devote optimization answers and IT expert companies, this sort of as knowledge center infrastructure integration, cloud optimization, and knowledge heart infrastructure.

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