Scotiabank Increases Converge Technology Solutions (OTCMKTS:CTSDF) Price Target to C$14.00

Converge Technology Solutions (OTCMKTS:CTSDF) had its price objective upped by Scotiabank from C$13.00 to C$14.00 in a report published on Tuesday, The Fly reports.

CTSDF has been the topic of several other reports. decreased their price target on shares of Converge Technology Solutions from C$14.00 to C$13.00 and set a buy rating on the stock in a research note on Monday, November 15th. TD Securities began coverage on shares of Converge Technology Solutions in a research note on Tuesday, December 14th. They issued a hold rating on the stock. CIBC began coverage on shares of Converge Technology Solutions in a research note on Monday, December 13th. They set a neutral rating on the stock. Finally, Berenberg Bank began coverage on shares of Converge Technology Solutions in a research note on Monday, November 15th. They set a buy rating on the stock. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of Buy and an average target price of $13.44.

CTSDF stock opened at $7.52 on Tuesday. The company’s 50-day simple moving average is $8.62 and its 200 day simple moving average is $8.75. Converge Technology Solutions has a 52 week low of $3.00 and a 52 week high of $10.66.

Converge Technology Solutions Company Profile

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.

Read More: What is basic economics?

The Fly logo

Analyst Recommendations for Converge Technology Solutions (OTCMKTS:CTSDF)

Receive News & Ratings for Converge Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Converge Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter.