OPEN TEXT CORP (OTEX)
CA6837151068 - Common Stock
ChartMill assigns a Buy % Consensus number of 84% to OTEX. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 47.86. This target is 58.2% above the current price.
OTEX was analyzed by 11 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about OTEX.
In the previous month the buy percentage consensus was at a similar level.
OTEX was analyzed by 11 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-05-03 | BMO Capital | Downgrade | Outperform -> Market Perform |
| 2024-05-03 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2024-03-22 | Citigroup | Maintains | Neutral -> Neutral |
| 2024-02-02 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2023-11-30 | RBC Capital | Maintains | Outperform -> Outperform |
| 2023-11-29 | BMO Capital | Maintains | Outperform -> Outperform |
| 2023-10-17 | BMO Capital | Maintains | Outperform -> Outperform |
| 2023-10-16 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-10-12 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2023-08-07 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2023-08-01 | BMO Capital | Maintains | Outperform -> Outperform |
| 2023-06-22 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-02-06 | Citigroup | Maintains | Neutral |
| 2022-11-04 | BMO Capital | Maintains | Outperform |
| 2022-09-01 | Citigroup | Initiate | Neutral |
| 2022-08-26 | CIBC | Downgrade | Outperformer -> Neutral |
| 2022-08-26 | BMO Capital | Maintains | Outperform |
| 2021-08-06 | RBC Capital | Upgrade | Outperform |
| 2021-08-06 | CIBC World Markets | Upgrade | Outperform |
| 2021-08-06 | Raymond James Financial | Upgrade | Outperform |
| 2021-08-06 | TD Securities | Upgrade | Buy |
| 2021-07-23 | National Bank Financial | Initiate | Outperform |
| 2021-07-22 | National Bank Financial | Upgrade | Outperform |
| 2021-07-20 | Raymond James Financial | Initiate | Outperform |
| 2021-07-19 | Raymond James Financial | Upgrade | Outperform |
| 2021-05-07 | Raymond James Financial | Upgrade | Outperform |
| 2021-02-08 | National Bank Financial | Upgrade | Outperform |
| 2021-02-08 | RBC Capital | Upgrade | Outperform |
| 2021-02-08 | Raymond James Financial | Upgrade | Outperform |
| 2021-02-08 | TD Securities | Upgrade |