Converge Technology Solutions (OTCMKTS:CTSDF) had its price target increased by Desjardins from C$13.75 to C$14.25 in a report issued on Wednesday, The Fly reports.
A number of other equities research analysts have also recently commented on CTSDF. Berenberg Bank started coverage on Converge Technology Solutions in a research note on Monday, November 15th. They issued a buy rating on the stock. TD Securities started coverage on Converge Technology Solutions in a research note on Tuesday, December 14th. They issued a hold rating on the stock. Scotiabank increased their target price on Converge Technology Solutions from C$13.00 to C$14.00 in a research note on Tuesday. CIBC initiated coverage on Converge Technology Solutions in a research note on Monday, December 13th. They issued a neutral rating on the stock. Finally, dropped their price objective on Converge Technology Solutions from C$14.00 to C$13.00 and set a buy rating on the stock in a research report on Monday, November 15th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of Buy and an average price target of $13.44.
OTCMKTS CTSDF opened at $7.52 on Wednesday. Converge Technology Solutions has a 12 month low of $3.00 and a 12 month high of $10.66. The stock’s fifty day moving average price is $8.62 and its 200-day moving average price is $8.75.
Converge Technology Solutions Corp. engages in combining accelerators and foundational infrastructure solutions to deliver best-of-breed solutions and services to customers. The company was founded on November 29, 2016 and is headquartered in Vancouver, Canada.
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