Analyst Price Target is C$5.00
▲ +259.71% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Opsens in the last 3 months. The average price target is C$5.00, with a high forecast of C$6.00 and a low forecast of C$4.00. The average price target represents a 259.71% upside from the last price of C$1.39.
Current Consensus is
The current consensus among 2 investment analysts is to buy (strong buy) stock in Opsens. This rating has held steady since January 2021, when it changed from a Buy consensus rating.
Opsens Inc. provides fiber optic sensing technology. The Company operates through two segments: Medical and Industrial. In Medical segment, the Company focuses on the measure of Fractional Flow Reserve (FFR) in interventional cardiology. In Industrial segment, it develops, manufactures and installs fiber optic sensing solutions for critical applications, such as the monitoring of oil wells and other industrial applications. It is also involved in industrial activities. For the FFR market, it has developed the OptoWire and OptoMonitor, instruments that assess the significance of arterial narrowing (stenosis) resulting from coronary heart disease. In the industrial sector, its technology and products can serve various markets, including aerospace, geotechnical, infrastructures, oil and gas, mining, laboratories and others. For the oil and gas market, it provides fiber optic sensor systems that provide real-time pressure and temperature measurements at the bottom of the wells.