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Converge Technology Solutions - CTS Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$5.86
  • Forecasted Upside: 79.18%
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
C$3.27 As of 12/20/2024 06:17 PM ET
+0 (0.00%)

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

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Analyst Price Target for CTS

Analyst Price Target is C$5.86
▲ +79.18% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Converge Technology Solutions in the last 3 months. The average price target is C$5.86, with a high forecast of C$9.00 and a low forecast of C$4.00. The average price target represents a 79.18% upside from the last price of C$3.27.

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

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Current Consensus is Moderate Buy

The current consensus among 11 polled investment analysts is to moderate buy stock in Converge Technology Solutions. This Moderate 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
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/13/2024Ventum FinancialLower TargetC$6.20 ➝ C$5.20
11/13/2024TD SecuritiesLower TargetC$5.00 ➝ C$4.50
10/25/2024CormarkDowngradeModerate Buy ➝ Hold
10/25/2024Canaccord Genuity GroupLower TargetC$6.25 ➝ C$6.00
10/25/2024CIBCLower TargetC$5.00 ➝ C$4.00
10/25/2024National BanksharesDowngradeOutperform ➝ Sector PerformC$6.00 ➝ C$4.50
10/25/2024Raymond JamesLower TargetC$6.50 ➝ C$4.50
10/24/2024ScotiabankDowngradeStrong-Buy ➝ Hold
10/24/2024National Bank FinancialDowngradeStrong-Buy ➝ Hold
8/9/2024CIBCLower TargetC$5.00 ➝ C$4.50
8/9/2024CormarkLower TargetC$6.50 ➝ C$5.50
8/9/2024TD SecuritiesUpgradeHold ➝ BuyC$6.00 ➝ C$5.50
6/25/2024Ventum Cap MktsUpgradeStrong-Buy
5/10/2024National BanksharesBoost TargetC$6.00 ➝ C$7.00
5/10/2024CormarkLower TargetC$7.00 ➝ C$6.50
3/14/2024ScotiabankBoost TargetC$7.00 ➝ C$8.00
3/7/2024CIBCBoost TargetNeutralC$4.50 ➝ C$5.00
3/7/2024DesjardinsBoost TargetBuyC$6.00 ➝ C$7.00
3/7/2024Raymond JamesBoost TargetOutperformC$5.50 ➝ C$6.50
3/7/2024Echelon Wealth PartnersBoost TargetSector PerformC$5.80 ➝ C$6.25
3/7/2024Eight CapitalBoost TargetBuyC$7.00 ➝ C$9.00
3/7/2024TD SecuritiesBoost TargetHoldC$4.25 ➝ C$6.00
1/31/2024Echelon Wealth PartnersBoost TargetSpeculative BuyC$5.40 ➝ C$5.80
1/30/2024DesjardinsBoost TargetBuyC$5.00 ➝ C$6.00
1/11/2024CIBCBoost TargetNeutralC$4.00 ➝ C$4.50
11/15/2023Canaccord Genuity GroupLower TargetSpeculative BuyC$6.00 ➝ C$5.00
11/15/2023CormarkBoost TargetC$4.50 ➝ C$5.50
11/15/2023TD SecuritiesBoost TargetHoldC$3.50 ➝ C$4.25
8/10/2023TD SecuritiesDowngradeBuy ➝ HoldC$5.50 ➝ C$3.50
5/16/2023TD SecuritiesLower TargetBuyC$8.50 ➝ C$5.50
3/17/2023National BanksharesLower TargetOutperformC$8.00 ➝ C$7.00
3/16/2023ScotiabankLower TargetC$8.00 ➝ C$7.00
2/16/2023National BanksharesLower TargetOutperformC$10.00 ➝ C$8.00
2/15/2023Raymond JamesLower TargetOutperformC$8.50 ➝ C$7.00
2/15/2023CormarkLower TargetC$9.00 ➝ C$8.00
2/15/2023BMO Capital MarketsLower TargetC$8.00 ➝ C$7.50
2/15/2023Canaccord Genuity GroupLower TargetC$10.50 ➝ C$8.50
2/13/2023ScotiabankLower TargetC$10.00 ➝ C$8.00
12/12/2022CIBCLower TargetC$7.00 ➝ C$5.25
12/2/2022Berenberg 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
11/10/2022Eight CapitalLower TargetC$11.00 ➝ C$10.00
11/10/2022Canaccord Genuity GroupLower TargetC$12.00 ➝ C$10.50
11/10/2022CIBCLower TargetNeutralC$8.00 ➝ C$7.00
11/10/2022CormarkLower TargetC$10.00 ➝ C$8.00
11/10/2022TD SecuritiesUpgradeHold ➝ BuyC$8.50 ➝ C$6.50
11/1/2022National BanksharesLower TargetOutperformC$12.00 ➝ C$10.00
10/28/2022Raymond JamesLower TargetC$9.50 ➝ C$8.50
10/28/2022ScotiabankLower TargetC$12.00 ➝ C$11.00
8/11/2022CIBCBoost TargetNeutralC$7.00 ➝ C$8.00
8/10/2022Raymond JamesLower TargetOutperformC$12.50 ➝ C$9.50
8/4/2022Eight CapitalLower TargetBuyC$14.50 ➝ C$11.00
8/3/2022ScotiabankBoost TargetC$11.00 ➝ C$12.00
7/25/2022ScotiabankLower TargetC$14.00 ➝ C$11.00
7/21/2022National BanksharesLower TargetOutperformC$14.00 ➝ C$12.00
6/27/2022CormarkLower TargetNAC$11.50 ➝ C$10.00
6/21/2022Laurentian Bank of CanadaReiterated RatingBuyC$11.00
6/14/2022CIBCLower TargetC$11.00 ➝ C$7.00
5/31/2022Berenberg BankLower TargetC$18.25 ➝ C$14.00
5/12/2022Canaccord Genuity GroupLower TargetC$14.50 ➝ C$12.00
5/12/2022TD SecuritiesLower TargetHoldC$12.00 ➝ C$8.50
5/12/2022Raymond JamesSet TargetOutperformC$12.50
4/27/2022National BanksharesSet TargetOutperformC$14.00
4/26/2022National Bank FinancialReiterated RatingOutperfrom Under Weight
4/7/2022Echelon Wealth PartnersReiterated RatingBuyC$14.50
3/29/2022Raymond JamesSet TargetOutperformC$12.50
3/24/2022TD SecuritiesLower TargetHoldC$13.00 ➝ C$12.00
3/23/2022DesjardinsReiterated RatingBuy
3/23/2022Echelon Wealth PartnersReiterated RatingBuyC$14.50
2/18/2022Raymond JamesReiterated RatingOutperformC$12.50
2/18/2022Raymond JamesSet TargetOutperformC$12.50
2/10/2022Raymond JamesReiterated RatingOutperformC$12.50
2/10/2022Raymond JamesSet TargetOutperformC$12.50
1/31/2022CIBCLower TargetC$12.50 ➝ C$11.00
1/11/2022Raymond JamesReiterated RatingOutperformC$12.50
1/11/2022DesjardinsBoost TargetC$14.25
1/11/2022Raymond JamesSet TargetOutperformC$12.50
1/11/2022ScotiabankBoost TargetC$13.00 ➝ C$14.00
12/16/2021TD SecuritiesSet TargetHoldC$13.00
12/14/2021TD SecuritiesInitiated CoverageHoldC$13.00
12/13/2021CIBCSet TargetNeutralC$12.50
11/15/2021Berenberg BankReiterated RatingBuyC$18.25
11/15/2021Berenberg BankSet TargetBuyC$18.25
11/12/2021Raymond JamesSet TargetOutperformC$12.50
11/12/2021CormarkLower TargetC$14.00 ➝ C$12.75
11/12/2021LaurentianLower TargetC$13.75 ➝ C$12.50
11/12/2021Laurentian Bank of CanadaBoost TargetBuyC$12.50
11/12/2021CormarkBoost TargetBuyC$12.75
11/11/2021Echelon Wealth PartnersReiterated RatingSpeculative Buy
10/19/2021ScotiabankSet TargetOutperformC$14.00
10/19/2021Raymond JamesSet TargetOutperformC$12.50
10/15/2021Echelon Wealth PartnersInitiated CoverageBuyC$14.50
10/1/2021Echelon Wealth PartnersInitiated CoverageBuyC$14.50
9/2/2021Laurentian Bank of CanadaBoost TargetBuyC$13.75
9/2/2021CormarkLower TargetBuyC$14.00
9/2/2021LaurentianBoost TargetC$13.25 ➝ C$13.75
8/12/2021CormarkLower TargetC$14.25
8/6/2021Laurentian Bank of CanadaBoost TargetC$11.75 ➝ C$13.25
8/6/2021Raymond JamesBoost TargetOutperformC$12.50
8/6/2021LaurentianBoost TargetC$11.75 ➝ C$13.25
7/2/2021Raymond JamesBoost TargetOutperformC$10.75
7/2/2021Laurentian Bank of CanadaReiterated RatingBuyC$11.75
7/2/2021CormarkBoost TargetBuyC$11.50
7/2/2021Raymond JamesSet TargetOutperformC$10.75
7/2/2021LaurentianBoost TargetC$11.00 ➝ C$11.75
6/24/2021CormarkBoost TargetBuyC$11.00
6/23/2021Raymond JamesReiterated RatingOutperformC$8.75
6/23/2021Raymond JamesSet TargetOutperformC$8.75
6/4/2021CormarkLower TargetBuyC$10.25
6/4/2021Laurentian Bank of CanadaReiterated RatingBuyC$9.25
6/4/2021LaurentianSet TargetC$9.25
5/12/2021Eight CapitalBoost TargetNAC$11.00
5/12/2021Raymond JamesReiterated RatingOutperformC$8.75
5/12/2021Raymond JamesSet TargetOutperformC$8.75
4/30/2021CormarkReiterated RatingBuyC$9.50
4/30/2021CormarkSet TargetBuyC$9.50
4/5/2021Raymond JamesBoost TargetOutperformC$7.75 ➝ C$8.75
3/19/2021DesjardinsReiterated RatingBuy
3/10/2021Raymond JamesSet TargetOutperformC$7.75
3/10/2021Eight CapitalBoost TargetC$8.00 ➝ C$9.00
1/26/2021LaurentianBoost TargetC$6.25 ➝ C$8.00
1/19/2021Raymond JamesBoost TargetOutperformC$5.75 ➝ C$7.75
1/5/2021Raymond JamesBoost TargetOutperformC$4.75 ➝ C$5.75
1/5/2021Eight CapitalBoost TargetC$4.25 ➝ C$6.00
12/22/2020Raymond JamesSet TargetOutperformC$4.75
12/14/2020Raymond JamesSet TargetOutperformC$4.75
12/8/2020Raymond JamesBoost TargetOutperformC$3.75 ➝ C$4.75
11/10/2020Raymond JamesBoost TargetOutperformC$3.50 ➝ C$3.75
11/10/2020Eight CapitalBoost TargetC$4.00 ➝ C$4.25
11/10/2020LaurentianBoost TargetC$3.75 ➝ C$4.00
10/2/2020Raymond JamesSet TargetOutperformC$2.80
10/2/2020Eight CapitalBoost TargetC$3.00 ➝ C$3.25
9/15/2020LaurentianSet TargetBuyC$3.75
9/10/2020Raymond JamesBoost TargetOutperformC$2.35 ➝ C$2.80
8/7/2020Echelon Wealth PartnersReiterated RatingSpeculative Buy
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.11 (Buy)

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
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 6 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 2 very positive mentions
  • 1 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

Converge Technology Solutions logo
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The company also offers managed and talent services, and hardware and software products and solutions. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: C$3.27
Low: C$3.17
High: C$3.37

50 Day Range

MA: C$3.53
Low: C$2.99
High: C$4.76

52 Week Range

Now: C$3.27
Low: C$2.90
High: C$6.06

Volume

612,118 shs

Average Volume

542,749 shs

Market Capitalization

C$638.30 million

P/E Ratio

N/A

Dividend Yield

1.30%

Beta

1.81

Frequently Asked Questions

What sell-side analysts currently cover shares of Converge Technology Solutions?

The following sell-side analysts have issued research reports on Converge Technology Solutions in the last year: Canaccord Genuity Group Inc., CIBC, Cormark, Desjardins, Echelon Wealth Partners, Eight Capital, National Bank Financial, National Bankshares, Inc., Raymond James, Scotiabank, TD Securities, Ventum Cap Mkts, and Ventum Financial.
View the latest analyst ratings for CTS.

What is the current price target for Converge Technology Solutions?

0 Wall Street analysts have set twelve-month price targets for Converge Technology Solutions in the last year. Their average twelve-month price target is C$5.86, suggesting a possible upside of 79.2%. Eight Capital has the highest price target set, predicting CTS will reach C$9.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of C$4.00 for Converge Technology Solutions in the next year.
View the latest price targets for CTS.

What is the current consensus analyst rating for Converge Technology Solutions?

Converge Technology Solutions currently has 6 hold ratings, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CTS.

What other companies compete with Converge Technology Solutions?

Other companies that are similar to Converge Technology Solutions include Morneau Shepell, Mitel Networks, Integra Gold, Vecima Networks and Pinnacle Renewable Energy. Learn More about companies similar to Converge Technology Solutions.

How do I contact Converge Technology Solutions' investor relations team?

Converge Technology Solutions' physical mailing address is 85 rue Victoria, 2nd Floor, Gatineau, QC J8X 2A3, Canada, . The company's listed phone number is 416 360 1495. The official website for Converge Technology Solutions is www.convergetp.com. Learn More about contacing Converge Technology Solutions investor relations.