OTCMKTS:CTSDF - Converge Technology Solutions Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $8.63
  • Forecasted Upside: 96.92 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$4.38
▼ -0.01 (-0.23%)
1 month | 3 months | 12 months
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Analyst Price Target for CTSDF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$8.63
▲ +96.92% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Converge Technology Solutions in the last 3 months. The average price target is $8.63, with a high forecast of $8.75 and a low forecast of $8.50. The average price target represents a 96.92% upside from the last price of $4.38.
Buy
The current consensus among 3 polled investment analysts is to buy stock in Converge Technology Solutions.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/25/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/22/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/19/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/17/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/17/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
4/5/2021Raymond JamesBoost Price TargetOutperform$7.75 ➝ $8.75
i
3/23/2021DesjardinsInitiated CoverageBuy
i
3/10/2021Canaccord GenuityBoost Price TargetBuy$8.00 ➝ $8.50
i
1/19/2021Raymond JamesBoost Price TargetOutperform$5.75 ➝ $7.75
i
12/8/2020Raymond JamesBoost Price TargetOutperform$3.75 ➝ $4.75
i
10/5/2020Raymond JamesBoost Price TargetOutperform$2.80 ➝ $3.50
i
9/10/2020Raymond JamesBoost Price TargetOutperform$2.35 ➝ $2.80
i
4/29/2020Raymond JamesInitiated CoverageOutperform
i
(Data available from 4/17/2016 forward)
Converge Technology Solutions logo
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; 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 and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity 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: $4.38
$4.34
$4.44

50 Day Range

MA: $4.47
$4.04
$4.95

52 Week Range

Now: $4.38
$0.72
$5.37

Volume

7,040 shs

Average Volume

163,620 shs

Market Capitalization

N/A

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?

The following Wall Street sell-side analysts have issued stock ratings on Converge Technology Solutions in the last twelve months: Canaccord Genuity, Desjardins, and Raymond James.
View the latest analyst ratings for CTSDF.

What is the current price target for Converge Technology Solutions?

2 Wall Street analysts have set twelve-month price targets for Converge Technology Solutions in the last year. Their average twelve-month price target is $8.63, suggesting a possible upside of 96.9%. Raymond James has the highest price target set, predicting CTSDF will reach $8.75 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of $8.50 for Converge Technology Solutions in the next year.
View the latest price targets for CTSDF.

What is the current consensus analyst rating for Converge Technology Solutions?

Converge Technology Solutions currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CTSDF will outperform the market and that investors should add to their positions of Converge Technology Solutions.
View the latest ratings for CTSDF.

What other companies compete with Converge Technology Solutions?

How do I contact Converge Technology Solutions' investor relations team?

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