Friday, December 2

Tag: TSE:CTS

BMO Capital Markets Cuts Converge Technology Solutions (TSE:CTS) Price Target to C$8.00
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BMO Capital Markets Cuts Converge Technology Solutions (TSE:CTS) Price Target to C$8.00

Converge Technology Solutions (TSE:CTS - Get Rating) had its target price cut by investment analysts at BMO Capital Markets from C$9.00 to C$8.00 in a note issued to investors on Friday, BayStreet.CA reports. BMO Capital Markets' price objective suggests a potential upside of 69.85% from the company's current price.A number of other brokerages have also issued reports on CTS. TD Securities upgraded shares of Converge Technology Solutions from a "hold" rating to a "buy" rating and decreased their target price for the stock from C$8.50 to C$6.50 in a research report on Thursday. Eight Capital decreased their target price on shares of Converge Technology Solutions from C$11.00 to C$10.00 in a research report on Thursday. Canaccord Genuity Group decreased their target price on shares of Conve...
Converge Technology Solutions Corp. (TSE:CTS) Director Purchases C$24,400.00 in Stock
Science

Converge Technology Solutions Corp. (TSE:CTS) Director Purchases C$24,400.00 in Stock

Converge Technology Solutions Corp. (TSE:CTS – Get Rating) Director Ralph Garcea bought 4,000 shares of the business’s stock in a transaction dated Thursday, May 12th. The shares were purchased at an average cost of C$6.10 per share, with a total value of C$24,400.00. Following the completion of the acquisition, the director now owns 58,000 shares in the company, valued at C$353,800. Shares of CTS stock traded up C$0.06 during trading hours on Friday, hitting C$6.15. The stock had a trading volume of 856,979 shares, compared to its average volume of 679,687. The firm has a market capitalization of C$1.32 billion and a PE ratio of 76.88. Converge Technology Solutions Corp. has a twelve month low of C$5.88 and a twelve month high of C$13.09. The stock’s 50 day movin...