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Open Text Price Target, Predictions & Analyst Ratings

-0.14 (-0.33 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $41.93
50-Day Range
MA: $44.30
52-Week Range
Now: $41.93
Volume797,198 shs
Average Volume579,983 shs
Market Capitalization$11.40 billion
P/E Ratio48.20
Dividend Yield1.66%

Analyst Ratings

Open Text (NASDAQ:OTEX) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
11 Wall Street analysts have issued ratings and price targets for Open Text in the last 12 months. Their average twelve-month price target is $51.25, predicting that the stock has a possible upside of 22.23%. The high price target for OTEX is $58.00 and the low price target for OTEX is $45.00. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
OTEX Consensus Rating: BuyBuyBuyBuy
OTEX Consensus Rating Score: 2.552.552.782.75
OTEX Analyst Ratings: 1 Sell Rating(s)
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
OTEX Consensus Price Target: $51.25$51.25$49.78$51.00
OTEX Price Target Upside: 22.23% upside14.70% upside32.04% upside33.16% upside

Open Text (NASDAQ:OTEX) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Open Text (NASDAQ:OTEX) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/10/2020Veritas Investment ResearchDowngradeBuy ➝ SellLow
8/10/2020CitigroupBoost Price TargetNeutral$41.00 ➝ $47.00Medium
8/7/2020Raymond JamesBoost Price TargetOutperform$45.00 ➝ $49.00Low
8/7/2020National Bank FinancialBoost Price TargetOutperform$54.00 ➝ $55.00Low
8/7/2020TD SecuritiesBoost Price TargetBuy$47.00 ➝ $52.00Low
8/7/2020BMO Capital MarketsBoost Price Target$44.00 ➝ $54.00Low
8/5/2020Pi FinancialReiterated RatingNeutralMedium
7/30/2020Beacon SecuritiesDowngradeBuy ➝ HoldLow
7/20/2020BarclaysBoost Price TargetOverweight$44.00 ➝ $50.00High
4/27/2020Royal Bank of CanadaLower Price TargetReduce ➝ Outperform$54.00 ➝ $45.00Low
10/29/2019CIBCReiterated RatingBuyLow
7/11/2019BenchmarkReiterated RatingSell ➝ Buy$42.00 ➝ $48.00Low
2/4/2019Mitsubishi UFJ Financial GroupBoost Price Target$43.00Medium
8/3/2018ScotiabankReiterated RatingBuy$46.00Low
8/3/2018Industrial Alliance SecuritiesBoost Price Target$40.00 ➝ $42.00Low
11/23/2017MacquarieLower Price Target$43.00 ➝ $40.00N/A
(Data available from 9/19/2018 forward)
This page was last updated on 9/19/2020 by MarketBeat.com Staff

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