TD Securities Trims Converge Technology Solutions (TSE:CTS) Target Price to C$8.50

Converge Engineering Solutions (TSE:CTS – Get Score) had its value concentrate on reduced by TD Securities from C$12.00 to C$8.50 in a exploration note issued to traders on Thursday early morning, BayStreet.CA experiences. The business at the moment has a maintain ranking on the stock.

CTS has been the issue of a amount of other study studies. Desjardins reiterated a get rating on shares of Converge Technological innovation Answers in a research report on Wednesday, March 23rd. Countrywide Bank Financial restated an outperfrom beneath excess weight ranking on shares of Converge Technologies Solutions in a research take note on Tuesday, April 26th. National Bankshares established a C$14.00 cost focus on on shares of Converge Technological innovation Options and gave the stock an outperform score in a study notice on Wednesday, April 27th. CIBC dropped their price goal on shares of Converge Know-how Remedies from C$12.50 to C$11.00 in a study take note on Monday, January 31st. At last, Raymond James established a C$12.50 cost concentrate on on shares of Converge Technological innovation Remedies and gave the inventory an outperform ranking in a study note on Thursday. Two exploration analysts have rated the stock with a maintain rating and eight have presented a acquire rating to the firm. In accordance to MarketBeat.com, the business at this time has a consensus ranking of Acquire and an regular goal price tag of C$13.06.

CTS stock opened at C$6.15 on Thursday. Converge Technology Options has a 12-thirty day period minimal of C$5.88 and a 12-month high of C$13.09. The corporation has a rapid ratio of 1.12, a present-day ratio of 1.32 and a debt-to-fairness ratio of 2.93. The company has a sector cap of C$1.32 billion and a cost-to-earnings ratio of 76.88. The corporation has a 50 working day shifting average of C$7.96 and a two-hundred working day transferring average of C$8.13.

Converge Technological innovation Options Business Profile (Get Ranking)

Converge Technological innovation Methods Corp., by means of its subsidiaries, distributes storage devices and units, pc solutions, software package, and peripherals. The firm also supplies set up and routine maintenance analytics, hybrid cloud, infrastructure, and cybersecurity products and services cloud shipping, compute efficiency, network optimization, and IT devote optimization solutions and IT skilled services, these types of as details heart infrastructure integration and solutioning, and cloud optimization.

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