Consensus Open Text Corporation Toronto S.E.

Equities

OTEX

CA6837151068

Market Closed - Toronto S.E. 04:00:00 2024-05-03 pm EDT 5-day change 1st Jan Change
41.38 CAD -14.75% Intraday chart for Open Text Corporation -15.17% -25.70%

Evolution of the average Target Price on Open Text Corporation

Price target over the last 5 years

History of analyst recommendation changes

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Open Text Target Price Cut by National Bank Following Q3 Results, Rating Confirmed MT
Open Text Declines 20%, Raymond James Lowers Price Target to US$48 MT
BMO Capital Downgrades Open Text to Market Perform From Outperform, Cuts Price Target to $38 From $50 MT
ANALYST RECOMMENDATIONS : Alphabet, Amgen, Starbucks, PayPal, Moderna... Our Logo
Coroplast Group Partnering with OpenText to Meet Poland's E-Invoicing Mandates MT
Open Text Kept at Outperform at BMO Following Q4 Results Beat; Price Target Raised to C$50.00 MT
Fitch Affirms Rating on Open Text, 2 Subsidiaries; Outlook Revised to Stable From Negative MT
RBC Raises Price Target on Open Text to $53 From $50, Says AMC Divestiture 'Better Aligns' Product Portfolio, Lowers Leverage; Outperform Kept MT
BMO Capital Adjusts Price Target on Open Text to $48 From $45, Maintains Outperform Rating MT
Fitch Affirms Open Text Ratings, Outlook Remains Negative; Up Nearly 2% MT
BMO Capital Cuts Price Target on Open Text to $45 From $50, Maintains Outperform Rating MT
Barclays Adjusts Price Target on Open Text to $44 From $43, Keeps Equalweight Rating MT
BMO Capital Adjusts Price Target on Open Text to $48 From $43, Maintains Outperform Rating MT
Citigroup Adjusts Price Target on Open Text to $44 From $41, Maintains Neutral Rating MT
Fitch Upgrades Micro Focus to 'BB+'; Outlook Negative; Withdraws Ratings AQ
Citigroup Adjusts Open Text's Price Target to $35 From $33, Maintains Neutral Rating MT
TSX futures flat as commodity prices slip, U.S. jobs awaited RE
Moody's Downgrades Open Text's Corporate Family Rating MT
Fitch Assigns Rating to Open Text's Senior Secured Notes MT
S&P Cuts Open Text's Rating on Unsecured Debt; Up Over 3% MT
Fitch Assigns Rating to Open Text, Outlook Negative MT
RBC Cuts Price Target on Open Text to $50 From $52, Maintains Outperform Rating MT
Citigroup Starts Open Text at Neutral With $34 Price Target MT
CIBC Downgrades Open Text to Neutral from Outperform, Adjusts Price Target to $44 from $51 MT
Open Text Outperform Rating Reiterated at BMO Capital as it Looks to Acquire Micro Focus; Price Target Cut to US$43.00 MT
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
30.25 USD
Average target price
42.79 USD
Spread / Average Target
+41.46%
High Price Target
50 USD
Spread / Highest target
+65.29%
Low Price Target
38 USD
Spread / Lowest Target
+25.62%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Open Text Corporation

Raymond James
BMO Capital
RBC Capital Markets
Barclays
Citigroup
Morgan Stanley
CIBC World Markets
Trading Rating
Investor Rating
ESG Refinitiv
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