Several other equities analysts have also recently weighed in on the company. TD Securities cut their price objective on Converge Technology Solutions from C$12.00 to C$8.50 in a research report on Thursday, May 12th. National Bank Financial reduced their price objective on Converge Technology Solutions from C$14.00 to C$12.00 in a research report on Thursday, July 21st. CIBC dropped their target price on shares of Converge Technology Solutions from C$11.00 to C$7.00 in a research report on Tuesday, June 14th. Finally, Canaccord Genuity Group reduced their price target on shares of Converge Technology Solutions from C$14.50 to C$12.00 in a report on Thursday, May 12th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average target price of $11.28.
Converge Technology Solutions Trading Down 1.7 %
OTCMKTS:CTSDF opened at $4.44 on Monday. Converge Technology Solutions has a 1 year low of $3.60 and a 1 year high of $10.66. The firm’s fifty day simple moving average is $4.78 and its 200 day simple moving average is $6.48.
Converge Technology Solutions Company Profile
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization.
- Get a free copy of the StockNews.com research report on Converge Technology Solutions (CTSDF)
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