Open Text (OTEX)
(Delayed Data from NSDQ)
$33.18 USD
+0.24 (0.73%)
Updated Oct 4, 2024 04:00 PM ET
After-Market: $33.16 -0.02 (-0.06%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth C Momentum B VGM
Open Text (OTEX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$38.20 | $48.00 | $33.00 | 15.97% |
Price Target
Based on short-term price targets offered by 10 analysts, the average price target for Open Text comes to $38.20. The forecasts range from a low of $33.00 to a high of $48.00. The average price target represents an increase of 15.97% from the last closing price of $32.94.
Analyst Price Targets (10)
Broker Rating
Open Text currently has an average brokerage recommendation (ABR) of 2.40 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 2.40 a month ago based on 10 recommendations.
Of the 10 recommendations deriving the current ABR, two are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 20% and 20% of all recommendations. A month ago, Strong Buy made up 20%, while Buy represented 20%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 3 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 6 | 6 | 6 | 6 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.40 | 2.40 | 2.40 | 2.40 | 2.20 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/25/2024 | Not Identified | Not Identified | Hold | Hold |
8/5/2024 | Not Identified | Not Identified | Hold | Hold |
8/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/2/2024 | Raymond James Ltd. | Steven Li | Moderate Buy | Moderate Buy |
8/2/2024 | BMO Capital Markets | Thanos Moschopoulos | Hold | Hold |
8/1/2024 | National Bank Financial | Richard Tse | Strong Buy | Hold |
6/21/2024 | CIBC World Markets Corp. | Stephanie D Price | Hold | Hold |
6/17/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/6/2024 | TD Securities | Daniel Chan | Strong Buy | Strong Buy |
5/3/2024 | Scotiabank | Kevin Krishnaratne | Strong Buy | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.40 |
ABR (Last week) | 2.40 |
# of Recs in ABR | 10 |
Average Target Price | $38.20 |
LT Growth Rate | NA |
Industry | Computer - Software |
Industry Rank by ABR | 62 of 252 |
Current Quarter EPS Est: | 0.81 |
OTEX FAQs
Open Text Corporation (OTEX) currently has an average brokerage recommendation (ABR) of 2.40 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms.
The average price target for Open Text Corporation (OTEX) is $38.20. The current on short-term price targets is based on 3 reports.
The forecasts for Open Text Corporation (OTEX) range from a low of $33 to a high of $48. The average price target represents a increase of $15.13 from the last closing price of $33.18.
The current UPSIDE for Open Text Corporation (OTEX) is 15.13%
Based on short-term price targets offered by 10 analysts, the average price target for Open Text comes to $38.20. The forecasts range from a low of $33.00 to a high of $48.00. The average price target represents an increase of 15.97% from the last closing price of $32.94.