PriceTargets.com logo

Converge Technology Solutions - CTSDF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $7.89
  • Forecasted Upside: 165.62%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$2.97 As of 03/30/2023 01:00 AM ET
▼ -0.02 (-0.67%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Converge Technology Solutions Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for CTSDF and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for CTSDF

Analyst Price Target is $7.89
▲ +165.62% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Converge Technology Solutions in the last 3 months. The average price target is $7.89, with a high forecast of $10.50 and a low forecast of $7.00. The average price target represents a 165.62% upside from the last price of $2.97.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in Converge Technology Solutions. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/6/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/4/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/4/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/1/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/30/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/17/2023National Bank FinancialLower TargetC$8.00 ➝ C$7.00
3/17/2023ScotiabankLower TargetC$8.00 ➝ C$7.00
3/10/2023DesjardinsLower TargetC$8.00 ➝ C$7.00
2/15/2023BMO Capital MarketsLower TargetC$8.00 ➝ C$7.50
2/15/2023Raymond JamesLower TargetC$8.50 ➝ C$7.00
2/13/2023ScotiabankLower TargetC$10.00 ➝ C$8.00
12/5/2022Berenberg BankLower TargetC$14.00 ➝ C$9.50
11/11/2022BMO Capital MarketsLower TargetC$9.00 ➝ C$8.00
11/11/2022ScotiabankLower TargetC$11.00 ➝ C$10.00
11/10/2022DesjardinsLower TargetC$10.00 ➝ C$8.00
11/10/2022Canaccord Genuity GroupLower TargetBuy ➝ BuyC$12.00 ➝ C$10.50
11/10/2022TD SecuritiesUpgradeHold ➝ Buy
10/28/2022ScotiabankLower TargetC$12.00 ➝ C$11.00
9/7/2022BMO Capital MarketsInitiated CoverageOutperform
7/25/2022ScotiabankLower TargetC$14.00 ➝ C$11.00
7/21/2022National Bank FinancialLower TargetC$14.00 ➝ C$12.00
6/14/2022CIBCLower TargetC$11.00 ➝ C$7.00
5/12/2022Canaccord Genuity GroupLower TargetC$14.50 ➝ C$12.00
5/12/2022TD SecuritiesLower TargetC$12.00 ➝ C$8.50
4/26/2022National Bank FinancialInitiated CoverageOutperform
4/4/2022Canaccord Genuity GroupBoost TargetC$14.00 ➝ C$14.50
3/25/2022TD SecuritiesLower TargetC$13.00 ➝ C$12.00
1/12/2022DesjardinsBoost TargetC$13.75 ➝ C$14.25
1/11/2022ScotiabankBoost TargetC$13.00 ➝ C$14.00
12/14/2021TD SecuritiesInitiated CoverageHold
12/13/2021CIBCInitiated CoverageNeutral
11/15/2021Berenberg BankInitiated CoverageBuy
11/12/2021ScotiabankLower TargetOutperformC$14.00 ➝ C$13.00
10/19/2021ScotiabankInitiated CoverageOutperform
8/6/2021DesjardinsBoost TargetBuyC$11.00 ➝ C$13.00
8/6/2021Raymond JamesBoost TargetOutperformC$10.75 ➝ C$12.50
6/24/2021Raymond JamesBoost TargetOutperformC$8.75 ➝ C$10.75
4/5/2021Raymond JamesBoost TargetOutperform$7.75 ➝ $8.75
3/23/2021DesjardinsInitiated CoverageBuy
1/19/2021Raymond JamesBoost TargetOutperform$5.75 ➝ $7.75
12/8/2020Raymond JamesBoost TargetOutperform$3.75 ➝ $4.75
10/5/2020Raymond JamesBoost TargetOutperform$2.80 ➝ $3.50
9/10/2020Raymond JamesBoost TargetOutperform$2.35 ➝ $2.80
4/29/2020Raymond JamesInitiated CoverageOutperform
(Data available from 3/30/2018 forward)

News Sentiment Rating

0.01 (Hold)

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
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/1/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/1/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/31/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/30/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/30/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/29/2023
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/28/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/30/2023

Current Sentiment

  • 0 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
Converge Technology Solutions logo
Converge Technology Solutions Corp. engages in the provision of hybrid Information Technology solutions. It offers combination of 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 Quebec, Canada.
Read More

Today's Range

Now: $2.97
Low: $2.92
High: $2.97

50 Day Range

MA: $3.60
Low: $2.87
High: $4.53

52 Week Range

Now: $2.97
Low: $2.70
High: $8.55

Volume

3,725 shs

Average Volume

12,397 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: Berenberg Bank, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Desjardins, National Bank Financial, Raymond James, Scotiabank, and TD Securities.
View the latest analyst ratings for CTSDF.

What is the current price target for Converge Technology Solutions?

9 Wall Street analysts have set twelve-month price targets for Converge Technology Solutions in the last year. Their average twelve-month price target is $7.89, suggesting a possible upside of 165.6%. Canaccord Genuity Group Inc. has the highest price target set, predicting CTSDF will reach $10.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $7.00 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 4 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?

Other companies that are similar to Converge Technology Solutions include adesso, Altus Group, Appen, Atea ASA and Atlas Blockchain Group. Learn More about companies similar to Converge Technology Solutions.