▲ +36.63% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Converge Technology Solutions Corp. (CTS.V) in the last 3 months. The average price target is C$8.81, with a high forecast of C$9.50 and a low forecast of C$8.00. The average price target represents a 36.63% upside from the last price of C$6.45.
The current consensus among 3 polled investment analysts is to buy stock in Converge Technology Solutions Corp. (CTS.V). This rating has held steady since August 2020, when it changed from a Hold consensus rating.
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.