Open Text Corp (TSE:OTC) – Investment analysts at National Bank Financial issued their Q1 2017 earnings estimates for shares of Open Text Corp in a research note issued on Monday. National Bank Financial analyst R. Tse anticipates that the firm will post earnings of $1.14 per share for the quarter. National Bank Financial currently has a “Outperform Overweight” rating on the stock. National Bank Financial also issued estimates for Open Text Corp’s Q2 2017 earnings at $1.35 EPS, Q3 2017 earnings at $1.23 EPS and Q4 2017 earnings at $1.45 EPS.
Several other equities research analysts have also recently issued reports on OTC. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$78.50 price target on shares of Open Text Corp in a research note on Friday, June 3rd. TD Securities boosted their price target on Open Text Corp from C$63.00 to C$70.00 and gave the company a “buy” rating in a research note on Tuesday, July 26th.
Shares of Open Text Corp (TSE:OTC) traded down 1.04% during midday trading on Wednesday, hitting $85.40. The company had a trading volume of 130,738 shares. Open Text Corp has a one year low of $56.44 and a one year high of $87.50. The stock’s 50-day moving average price is $82.95 and its 200-day moving average price is $75.98. The stock has a market capitalization of $10.31 billion and a price-to-earnings ratio of 36.65.
Open Text Corp Company Profile
Open Text Corp is a Canada-based independent company. The Company provides various software products and services that assist organizations in finding, utilizing, and sharing business information from any device. Its enterprise information management (EIM) offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Information Exchange (iX), Discovery and Analytics.
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