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Open Text Corp. (TSE:OTEX)
TSX:OTEX
Holding TSE:OTEX?
Track your performance easily
See the Price Targets and Ratings of:
OTEX Analyst Ratings
Hold
0 Buy
7 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
OTEX Stock 12 Month Forecast
Average Price Target
C$48.51
▲(16.17% Upside)
| Highest Price TargetC$55.67 | Average Price TargetC$48.51 | Lowest Price TargetC$45.92 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
RBC Capital
Downgraded
11/01/24
Barclays
Reiterated
11/01/24
Citi
Reiterated
10/31/24
Scotiabank
Reiterated
08/06/24
National Bank
Downgraded
08/02/24
BMO Capital
Reiterated
08/02/24
CIBC
Reiterated
08/02/24
Raymond James
C$76.54→C$66.8
Buy
59.96%
Upside
Reiterated
05/03/24
OpenText price target lowered to $48 from $55 at Raymond JamesOpenText price target lowered to $48 from $55 at Raymond James
TD Cowen
C$75.15
Buy
79.96%
Upside
Reiterated
04/08/24
OpenText shares are undervalued, says TD SecuritiesOpenText shares are undervalued, says TD Securities
Best Analysts Covering Open Text
Which Analyst Should I Follow If I Want to Buy TSE:OTEX and Sell After:
1 Month
xxx
Success Rate
22/39 ratings generated profit
Average Return
+0.26%
reiterated a xxx
rating 15 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 56.41% of your transactions generating a profit, with an average return of +0.26% per trade.
3 Months
xxx
Success Rate
6/12 ratings generated profit
Average Return
-0.81%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of -0.81% per trade.
1 Year
Success Rate
7/12 ratings generated profit
Average Return
-2.17%
reiterated a buy rating 7 months ago
Copying Daniel Chan's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of -2.17% per trade.
2 Years
xxx
Success Rate
10/13 ratings generated profit
Average Return
+13.15%
reiterated a xxx
rating 6 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 76.92% of your transactions generating a profit, with an average return of +13.15% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
OTEX Analyst Recommendation Trends
Rating
Jun 24
Jul 24
Aug 24
Sep 24
Oct 24
Strong Buy
2
2
1
1
1
Buy
4
2
1
1
2
Hold
6
7
8
7
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
12
11
10
9
10
Each month's total comprises the sum of three months' worth of ratings.
OTEX Financial Forecast
OTEX Stock Forecast FAQ
What is TSE:OTEX’s average 12-month price target, according to analysts?
Based on analyst ratings, Open Text Corp.’s 12-month average price target is C$48.51.
What is TSE:OTEX’s upside potential, based on the analysts’ average price target?
Open Text Corp. has 16.17% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is TSE:OTEX a Buy, Sell or Hold?
Open Text Corp. has a consensus rating of Hold which is based on 0 buy ratings, 7 hold ratings and 0 sell ratings.
What is Open Text Corp.’s price target?
The average price target for Open Text Corp. is C$48.51. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$55.67 ,the lowest forecast is C$45.92. The average price target represents 16.17% Increase from the current price of C$41.76.
The highest analyst price target is C$55.67 ,the lowest forecast is C$45.92. The average price target represents 16.17% Increase from the current price of C$41.76.
What do analysts say about Open Text Corp.?
Open Text Corp.’s analyst rating consensus is a Hold. This is based on the ratings of 7 Wall Streets Analysts.
How can I buy shares of TSE:OTEX?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.