CVE:CTS - Converge Technology Solutions Corp. (CTS.V) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$12.93
  • Forecasted Upside: 100.44 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$6.45
▲ +0.29 (4.71%)

This chart shows the closing price for CTS by one month, three months, or twelve months.

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Analyst Price Target for CTS

Analyst Price Target is C$12.93
▲ +100.44% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Converge Technology Solutions Corp. (CTS.V) in the last 3 months. The average price target is C$12.93, with a high forecast of C$18.25 and a low forecast of C$9.50. The average price target represents a 100.44% upside from the last price of C$6.45.

This chart shows the closing price for CTS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 contributing investment analysts is to buy stock in Converge Technology Solutions Corp. (CTS.V). This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/5/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/3/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/15/2021Berenberg BankSet Price TargetBuyC$18.25
11/12/2021Raymond JamesSet Price TargetOutperformC$12.50
11/12/2021CormarkLower Price TargetC$14.00 ➝ C$12.75
11/12/2021LaurentianLower Price TargetC$13.75 ➝ C$12.50
10/19/2021ScotiabankSet Price TargetOutperformC$14.00
10/19/2021Raymond JamesSet Price TargetOutperformC$12.50
9/2/2021CormarkLower Price TargetC$14.25 ➝ C$14.00
9/2/2021LaurentianBoost Price TargetC$13.25 ➝ C$13.75
8/6/2021Raymond JamesBoost Price TargetOutperformC$10.75 ➝ C$12.50
8/6/2021LaurentianBoost Price TargetC$11.75 ➝ C$13.25
7/2/2021Raymond JamesSet Price TargetOutperformC$10.75
7/2/2021CormarkBoost Price TargetC$11.00 ➝ C$11.50
7/2/2021LaurentianBoost Price TargetC$11.00 ➝ C$11.75
6/24/2021CormarkBoost Price TargetC$10.50 ➝ C$11.00
6/23/2021Raymond JamesSet Price TargetOutperformC$8.75
6/4/2021CormarkLower Price TargetC$10.50 ➝ C$10.25
6/4/2021LaurentianSet Price TargetC$9.25
5/12/2021Raymond JamesSet Price TargetOutperformC$8.75
5/12/2021Eight CapitalBoost Price TargetC$9.00 ➝ C$11.00
4/30/2021CormarkSet Price TargetBuyC$9.50
4/5/2021Raymond JamesBoost Price TargetOutperformC$7.75 ➝ C$8.75
4/5/2021Canaccord GenuityBoost Price TargetC$8.50 ➝ C$9.50
3/10/2021Raymond JamesSet Price TargetOutperformC$7.75
3/10/2021Canaccord GenuityBoost Price TargetC$8.00 ➝ C$8.50
3/10/2021Eight CapitalBoost Price TargetC$8.00 ➝ C$9.00
1/26/2021LaurentianBoost Price TargetC$6.25 ➝ C$8.00
1/19/2021Raymond JamesBoost Price TargetOutperformC$5.75 ➝ C$7.75
1/5/2021Raymond JamesBoost Price TargetOutperformC$4.75 ➝ C$5.75
1/5/2021Eight CapitalBoost Price TargetC$4.25 ➝ C$6.00
12/22/2020Raymond JamesSet Price TargetOutperformC$4.75
12/14/2020Raymond JamesSet Price TargetOutperformC$4.75
12/8/2020Raymond JamesBoost Price TargetOutperformC$3.75 ➝ C$4.75
11/10/2020Raymond JamesBoost Price TargetOutperformC$3.50 ➝ C$3.75
11/10/2020Eight CapitalBoost Price TargetC$4.00 ➝ C$4.25
11/10/2020LaurentianBoost Price TargetC$3.75 ➝ C$4.00
10/2/2020Raymond JamesSet Price TargetOutperformC$2.80
10/2/2020Eight CapitalBoost Price TargetC$3.00 ➝ C$3.25
9/15/2020LaurentianSet Price TargetBuyC$3.75
9/10/2020Raymond JamesBoost Price TargetOutperformC$2.35 ➝ C$2.80
8/7/2020Echelon Wealth PartnersReiterated RatingSpeculative Buy
(Data available from 11/28/2016 forward)

News Sentiment Rating

0.51 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
5/2/2021
  • 0 very positive mentions
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  • 0 very negative mentions
6/1/2021
  • 0 very positive mentions
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7/1/2021
  • 1 very positive mentions
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  • 0 very negative mentions
7/31/2021
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/30/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/29/2021
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/29/2021
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/28/2021

Current Sentiment

  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Converge Technology Solutions Corp. (CTS.V) logo
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides 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, cloud optimization, and data center infrastructure. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; technology solutions, IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. It serves corporate and government institutions. The company has operations in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
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Today's Range

Now: C$6.45
Low: C$6.21
High: C$6.50

50 Day Range

MA: C$6.45
Low: C$6.45
High: C$6.45

52 Week Range

Now: C$6.45
Low: C$0.75
High: C$6.80

Volume

854,586 shs

Average Volume

1,025,432 shs

Market Capitalization

C$1.00 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Converge Technology Solutions Corp. (CTS.V)?

The following sell-side analysts have issued research reports on Converge Technology Solutions Corp. (CTS.V) in the last year: Berenberg Bank, Canaccord Genuity, Cormark, Eight Capital, Laurentian, Raymond James, and Scotiabank.
View the latest analyst ratings for CTS.

What is the current price target for Converge Technology Solutions Corp. (CTS.V)?

7 Wall Street analysts have set twelve-month price targets for Converge Technology Solutions Corp. (CTS.V) in the last year. Their average twelve-month price target is C$12.93, suggesting a possible upside of 100.4%. Berenberg Bank has the highest price target set, predicting CTS will reach C$18.25 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of C$9.50 for Converge Technology Solutions Corp. (CTS.V) in the next year.
View the latest price targets for CTS.

What is the current consensus analyst rating for Converge Technology Solutions Corp. (CTS.V)?

Converge Technology Solutions Corp. (CTS.V) currently has 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CTS will outperform the market and that investors should add to their positions of Converge Technology Solutions Corp. (CTS.V).
View the latest ratings for CTS.

What other companies compete with Converge Technology Solutions Corp. (CTS.V)?

How do I contact Converge Technology Solutions Corp. (CTS.V)'s investor relations team?

The company's listed phone number is 416 360 1495. The official website for Converge Technology Solutions Corp. (CTS.V) is www.convergetp.com.