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Computer Modelling Group - CMG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$9.75
  • Forecasted Upside: -4.88%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$10.25 As of 12/4/2023 01:00 AM ET
▲ +0.06 (0.59%)

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

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Analyst Price Target for CMG

Analyst Price Target is C$9.75
▼ -4.88% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Computer Modelling Group in the last 3 months. The average price target is C$9.75, with a high forecast of C$11.50 and a low forecast of C$7.50. The average price target represents a -4.88% upside from the last price of C$10.25.

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

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Current Consensus is Hold

The current consensus among 6 contributing investment analysts is to hold stock in Computer Modelling Group. This Hold 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
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/12/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/10/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/9/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/9/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/7/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/5/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
11/4/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/4/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/20/2023BarclaysLower TargetUnderweightC$9.00 ➝ C$8.00
11/14/2023Echelon Wealth PartnersReiterated RatingBuy
11/14/2023BMO Capital MarketsBoost TargetMarket PerformC$10.00 ➝ C$11.50
11/14/2023Canaccord Genuity GroupBoost TargetHoldC$10.00 ➝ C$10.50
10/17/2023Canaccord Genuity GroupDowngradeBuy ➝ HoldC$8.75 ➝ C$10.00
9/26/2023Canaccord Genuity GroupBoost TargetBuyC$8.50 ➝ C$8.75
9/26/2023Acumen CapitalBoost TargetBuyC$11.00 ➝ C$11.50
8/31/2023Industrial Alliance SecuritiesSet TargetBuyC$9.50
8/15/2023BarclaysBoost TargetC$6.00 ➝ C$7.00
8/11/2023BMO Capital MarketsBoost TargetC$7.50 ➝ C$8.00
8/11/2023Canaccord Genuity GroupBoost TargetC$7.50 ➝ C$8.50
3/6/2023BarclaysBoost TargetC$5.00 ➝ C$6.00
2/10/2023BMO Capital MarketsBoost TargetC$6.00 ➝ C$7.50
2/9/2023Canaccord Genuity GroupBoost TargetC$6.50 ➝ C$7.50
12/13/2022BMO Capital MarketsBoost TargetC$5.25 ➝ C$6.00
11/11/2022BMO Capital MarketsBoost TargetC$5.00 ➝ C$5.25
10/6/2022BarclaysDowngradeSellC$5.00
5/20/2022BMO Capital MarketsBoost TargetC$5.50 ➝ C$6.00
5/19/2022Echelon Wealth PartnersReiterated RatingBuyC$6.00
2/10/2022Echelon Wealth PartnersUpgradeHold ➝ BuyC$6.00
1/5/2022Canaccord Genuity GroupUpgradeHold ➝ Buy
11/10/2021Echelon Wealth PartnersReiterated RatingHold
8/17/2021BarclaysLower TargetNAC$8.00 ➝ C$7.00
8/12/2021Acumen CapitalLower TargetC$5.25
8/12/2021BMO Capital MarketsDowngradeMarket PerformC$5.00
5/21/2021ScotiabankLower TargetC$6.50 ➝ C$6.00
5/21/2021Acumen CapitalLower TargetBuyC$7.50 ➝ C$6.75
5/21/2021BMO Capital MarketsLower TargetC$7.50 ➝ C$7.00
5/20/2021BMO Capital MarketsBoost TargetOutperformC$7.00 ➝ C$7.50
2/10/2021ScotiabankBoost TargetC$5.00 ➝ C$6.50
2/9/2021BMO Capital MarketsBoost TargetC$6.00 ➝ C$7.50
2/8/2021Royal Bank of CanadaBoost TargetSector PerformC$5.00 ➝ C$6.00
3/23/2020ScotiabankLower TargetC$8.00 ➝ C$6.00
3/19/2020Royal Bank of CanadaLower TargetSector PerformC$8.50 ➝ C$5.00
1/16/2020Royal Bank of CanadaReiterated RatingSector PerformC$8.50
11/14/2019Industrial Alliance SecuritiesBoost TargetBuyC$7.75 ➝ C$8.75
11/14/2019BMO Capital MarketsBoost TargetOutperformC$9.00 ➝ C$9.50
6/7/2019Industrial Alliance SecuritiesDowngradeBuy ➝ HoldC$7.50 ➝ C$7.75
5/24/2019BMO Capital MarketsSet TargetOutperformC$9.00
2/14/2019BMO Capital MarketsLower TargetC$11.00 ➝ C$9.00
2/13/2019Echelon Wealth PartnersReiterated RatingHold
(Data available from 12/5/2018 forward)

News Sentiment Rating

0.17 (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
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/9/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/8/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/8/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/7/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/6/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/6/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/5/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/5/2023

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Computer Modelling Group logo
Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling. It also provides STARS, a thermal and processes reservoir simulator for the modelling of steam, solvents, air, and chemical recovery processes; CoFlow, a reservoir and production system modelling software that allows reservoir and production engineers to make informed decisions on large integrated oil and gas projects; and Builder, a pre-processor that simplifies the creation of simulation models by providing a framework for data integration and workflow management between various data sources. In addition, the company offers Results, a post-processor that helps in enhancing understanding and insight into recovery processes and reservoir performance with state-of-the-art visualization and analysis; and WinProp, a fluid property characterization tool. Further, it provides professional services comprising specialized support, consulting, training, and contract research services. The company was founded in 1978 and is headquartered in Calgary, Canada.
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Today's Range

Now: C$10.25
Low: C$10.16
High: C$10.27

50 Day Range

MA: C$9.54
Low: C$8.50
High: C$10.41

52 Week Range

Now: C$10.25
Low: C$5.51
High: C$10.76

Volume

52,910 shs

Average Volume

92,415 shs

Market Capitalization

C$829.53 million

P/E Ratio

34.17

Dividend Yield

1.96%

Beta

1.14

Frequently Asked Questions

What sell-side analysts currently cover shares of Computer Modelling Group?

The following equities research analysts have issued reports on Computer Modelling Group in the last twelve months: Acumen Capital, Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., Echelon Wealth Partners, and Industrial Alliance Securities.
View the latest analyst ratings for CMG.

What is the current price target for Computer Modelling Group?

6 Wall Street analysts have set twelve-month price targets for Computer Modelling Group in the last year. Their average twelve-month price target is C$9.75, suggesting a possible downside of 4.9%. BMO Capital Markets has the highest price target set, predicting CMG will reach C$11.50 in the next twelve months. Canaccord Genuity Group Inc. has the lowest price target set, forecasting a price of C$7.50 for Computer Modelling Group in the next year.
View the latest price targets for CMG.

What is the current consensus analyst rating for Computer Modelling Group?

Computer Modelling Group currently has 1 sell rating, 2 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CMG, but not buy more shares or sell existing shares.
View the latest ratings for CMG.

What other companies compete with Computer Modelling Group?

Other companies that are similar to Computer Modelling Group include Dye & Durham, Tecsys, Real Matters, Enghouse Systems and Docebo. Learn More about companies similar to Computer Modelling Group.

How do I contact Computer Modelling Group's investor relations team?

Computer Modelling Group's physical mailing address is 3710 33 St NW, CALGARY, AB T2L 2M1, Canada. The company's listed phone number is +1-403-5311300. The official website for Computer Modelling Group is www.cmgl.ca. Learn More about contacing Computer Modelling Group investor relations.