Technology

Converge Expertise Options Corp. (TSE:CTS) Given Consensus Ranking of “Average Purchase” by Analysts

Shares of Converge Expertise Options Corp. (TSE:CTS – Get Ranking) have been assigned a median score of “Average Purchase” from the fourteen analysts which might be presently overlaying the agency, MarketBeat reviews. One analyst has rated the inventory with a maintain suggestion and 5 have given a purchase suggestion to the corporate. The common 1 12 months value goal amongst brokers which have issued rankings on the inventory within the final 12 months is C$9.46.

CTS has been the topic of a number of current analysis reviews. TD Securities upgraded Converge Expertise Options from a “maintain” score to a “purchase” score and lower their value goal for the inventory from C$8.50 to C$6.50 in a report on Thursday, November tenth. Nationwide Bankshares dropped their value goal on Converge Expertise Options from C$12.00 to C$10.00 and set an “outperform” score on the inventory in a analysis word on Tuesday, November 1st. Canaccord Genuity Group dropped their value goal on Converge Expertise Options from C$12.00 to C$10.50 in a analysis word on Thursday, November tenth. BMO Capital Markets dropped their value goal on Converge Expertise Options from C$9.00 to C$8.00 in a analysis word on Friday, November eleventh. Lastly, Berenberg Financial institution dropped their value goal on Converge Expertise Options from C$14.00 to C$9.50 in a analysis word on Friday, December 2nd.

Converge Expertise Options Inventory Efficiency

Shares of Converge Expertise Options inventory opened at C$4.68 on Thursday. The inventory has a market cap of C$984.28 million and a PE ratio of 27.53. The enterprise has a fifty day easy transferring common of C$4.58 and a 200-day easy transferring common of C$5.66. The corporate has a fast ratio of 0.68, a present ratio of 0.84 and a debt-to-equity ratio of 63.41. Converge Expertise Options has a 12 month low of C$3.60 and a 12 month excessive of C$12.04.

About Converge Expertise Options

(Get Ranking)

Converge Expertise Options Corp. offers software-enabled IT and cloud options for company and authorities establishments in the US and Canada. Its options method delivers superior analytics, software modernization, cloud, cybersecurity, digital infrastructure, and digital office choices to shoppers throughout varied industries.

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Analyst Recommendations for Converge Technology Solutions (TSE:CTS)

This on the spot information alert was generated by narrative science know-how and monetary information from MarketBeat with a view to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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