TSE:OTEX - Open Text Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$62.00
  • Forecasted Upside: -0.03 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$62.02
▼ -0.18 (-0.29%)

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

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Analyst Price Target for OTEX

Analyst Price Target is C$62.00
▼ -0.03% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Open Text in the last 3 months. The average price target is C$62.00, with a high forecast of C$72.00 and a low forecast of C$55.00. The average price target represents a -0.03% upside from the last price of C$62.02.

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

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Current Consensus is Buy

The current consensus among 4 contributing investment analysts is to buy stock in Open Text. This rating has held steady since January 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/7/2021Raymond JamesBoost Price TargetOutperformC$72.00
2/8/2021Raymond JamesBoost Price TargetOutperformC$55.00
2/8/2021National Bank FinancialBoost Price TargetOutperformC$60.00
2/8/2021Royal Bank of CanadaBoost Price TargetOutperformC$60.00
2/8/2021TD SecuritiesBoost Price TargetNAC$55.00
8/11/2020Pi FinancialBoost Price TargetNeutralC$58.00 ➝ C$63.00
8/5/2020Pi FinancialSet Price TargetNeutralC$58.00
4/29/2020Pi FinancialReiterated RatingNeutralC$58.00
3/10/2020Pi FinancialUpgradeSell ➝ Neutral
2/3/2020Pi FinancialBoost Price TargetSellC$53.00 ➝ C$58.00
1/28/2020Pi FinancialReiterated RatingSellC$53.00
5/3/2019BMO Capital MarketsSet Price TargetOutperformC$45.00
2/4/2019BarclaysBoost Price TargetC$63.00 ➝ C$64.00
11/1/2018BarclaysBoost Price TargetC$62.00 ➝ C$63.00
5/10/2018BarclaysBoost Price TargetC$57.00 ➝ C$59.00
5/10/2018BMO Capital MarketsLower Price TargetC$42.00 ➝ C$39.00
2/1/2018BMO Capital MarketsSet Price TargetOutperformC$42.00
11/23/2017MacquarieLower Price TargetC$43.00 ➝ C$40.00
7/5/2017Beacon SecuritiesUpgradeHold ➝ Buy
5/24/2017Royal Bank of CanadaReiterated RatingOutperform
5/9/2017Beacon SecuritiesDowngradeBuy ➝ Hold
4/25/2017Royal Bank of CanadaReiterated RatingOutperformC$54.00
2/22/2017Royal Bank of CanadaReiterated RatingOutperform
2/7/2017BarclaysSet Price TargetC$53.00
2/6/2017TD SecuritiesBoost Price TargetBuyC$36.00 ➝ C$38.00
2/6/2017ScotiabankReiterated RatingOutperformC$41.00
2/3/2017Raymond JamesLower Price TargetOutperformC$40.00
2/3/2017Royal Bank of CanadaBoost Price TargetOutperformC$52.00
1/31/2017TD SecuritiesReiterated RatingBuyC$36.00
1/30/2017BMO Capital MarketsBoost Price TargetC$36.50 ➝ C$39.00
1/27/2017Royal Bank of CanadaReiterated RatingOutperformC$51.00
1/24/2017BarclaysReiterated RatingOverweightC$50.50
1/4/2017ScotiabankSet Price TargetOutperformC$36.00
1/4/2017Raymond JamesSet Price TargetOutperformC$40.00
12/13/2016TD SecuritiesReiterated RatingBuyC$36.00
12/7/2016Royal Bank of CanadaReiterated RatingOutperformC$45.50
11/4/2016Royal Bank of CanadaBoost Price TargetOutperformC$45.50 ➝ C$47.00
11/4/2016ScotiabankLower Price TargetOutperformC$36.50 ➝ C$36.00
11/4/2016TD SecuritiesLower Price TargetBuyC$37.00 ➝ C$36.00
10/27/2016TD SecuritiesReiterated RatingBuyC$37.00
10/24/2016Royal Bank of CanadaReiterated RatingOutperformC$45.25
9/26/2016National Bank FinancialReiterated RatingOutperform Overweight
9/14/2016TD SecuritiesBoost Price TargetBuyC$36.00 ➝ C$37.00
9/13/2016Royal Bank of CanadaReiterated RatingOutperformC$43.00
7/26/2016TD SecuritiesBoost Price TargetBuyC$31.50 ➝ C$35.00
7/19/2016National Bank FinancialBoost Price TargetC$32.50 ➝ C$40.00
7/13/2016Royal Bank of CanadaReiterated RatingOutperformC$44.50
(Data available from 6/23/2016 forward)
Open Text logo
Open Text Corporation provides a suite of software products and services. The company offers content services; business network that manages and connects data within the organization; Cyber Resilience, a solution for defending against cyber threats and preparing for business continuity and response in the event of a breach; OpenText security solutions that addresses information security and digital investigations; AI and analytics that leverages structured or unstructured data; and OpenText Information Management software platform that provides multi-level, multi-role, and multi context security information platforms. It also offers digital process automation, which enables organizations to transform into digital data-driven businesses through automation; Customer Experience Management, a set of processes used to track customer interactions throughout the customer journey; and Discovery suite that provides forensics and unstructured data analytics for searching, collecting, and investigating enterprise data to manage legal obligations and risk. In addition, the company offers customer support programs that include access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets. Further, it provides professional services, such as consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise companies, mid-market companies, and public sector agencies worldwide. It has strategic partnerships with SAP SE, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Google Cloud, Amazon AWS, Accenture plc, Deloitte Consulting LLP, Tata Consultancy Services, ATOS, ATOS International S.A.S., Capgemini Technology Services SAS, and Cognizant Technology Solutions U.S. Corp. The company was founded in 1991 and is headquartered in Waterloo, Canada.
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Today's Range

Now: C$62.02
Low: C$61.80
High: C$62.28

50 Day Range

MA: C$58.53
Low: C$55.03
High: C$62.50

52 Week Range

Now: C$62.02
Low: C$47.95
High: C$64.00

Volume

486,489 shs

Average Volume

541,748 shs

Market Capitalization

C$16.94 billion

P/E Ratio

88.73

Dividend Yield

1.56%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Open Text?

The following Wall Street research analysts have issued stock ratings on Open Text in the last year: National Bank Financial, Pi Financial, Raymond James, Royal Bank of Canada, and TD Securities.
View the latest analyst ratings for OTEX.

What is the current price target for Open Text?

5 Wall Street analysts have set twelve-month price targets for Open Text in the last year. Their average twelve-month price target is C$62.00, suggesting a possible downside of 0.0%. Raymond James has the highest price target set, predicting OTEX will reach C$72.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of C$55.00 for Open Text in the next year.
View the latest price targets for OTEX.

What is the current consensus analyst rating for Open Text?

Open Text currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe OTEX will outperform the market and that investors should add to their positions of Open Text.
View the latest ratings for OTEX.

What other companies compete with Open Text?

How do I contact Open Text's investor relations team?

Open Text's physical mailing address is 275 Frank Tompa Dr, WATERLOO, ON N2L 0A1, Canada. The company's listed phone number is +1-519-8887111. The official website for Open Text is www.opentext.com.