Converge Technology Solutions (OTCMKTS:CTSDF) PT Lowered to C$12.00 at TD Securities

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Converge Technology Solutions (OTCMKTS:CTSDFGet Rating) had its price target trimmed by TD Securities from C$13.00 to C$12.00 in a research report sent to investors on Friday morning, The Fly reports.

Several other equities analysts have also commented on CTSDF. Desjardins upped their target price on Converge Technology Solutions from C$13.75 to C$14.25 in a report on Wednesday, January 12th. CIBC began coverage on Converge Technology Solutions in a report on Monday, December 13th. They issued a neutral rating for the company. Finally, Scotiabank increased their price objective on Converge Technology Solutions from C$13.00 to C$14.00 in a report on Tuesday, January 11th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of Buy and a consensus target price of $13.15.

OTCMKTS:CTSDF opened at $7.80 on Friday. The stock has a 50 day moving average of $7.71 and a 200-day moving average of $8.35. Converge Technology Solutions has a 52 week low of $3.00 and a 52 week high of $10.66.

About Converge Technology Solutions (Get Rating)

Converge Technology Solutions Corp. engages in combining accelerators and foundational infrastructure solutions to deliver best-of-breed solutions and services to customers. The company was founded on November 29, 2016 and is headquartered in Vancouver, Canada.

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