Computer Modelling Group (TSE:CMG) PT Set at C$6.00 by National Bankshares

by · The Markets Daily

Computer Modelling Group (TSE:CMG – Get Free Report) has been assigned a C$6.00 price objective by equities researchers at National Bankshares in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 16.05% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Ventum Financial upgraded Computer Modelling Group from a “neutral” rating to a “buy” rating in a research note on Thursday, November 13th. Ventum Cap Mkts upgraded shares of Computer Modelling Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. CIBC dropped their price target on shares of Computer Modelling Group from C$6.50 to C$5.50 in a research note on Monday. Finally, BMO Capital Markets reduced their price objective on shares of Computer Modelling Group from C$7.00 to C$6.00 in a research note on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$8.90.

Check Out Our Latest Research Report on Computer Modelling Group

Computer Modelling Group Stock Performance

CMG stock traded down C$0.01 during mid-day trading on Thursday, hitting C$5.17. The company had a trading volume of 178,376 shares, compared to its average volume of 225,788. The company has a debt-to-equity ratio of 47.62, a quick ratio of 2.25 and a current ratio of 1.27. The firm has a market cap of C$427.71 million, a PE ratio of 20.68, a price-to-earnings-growth ratio of 1.97 and a beta of -0.35. Computer Modelling Group has a 12 month low of C$4.68 and a 12 month high of C$10.96. The stock’s fifty day moving average price is C$5.29 and its two-hundred day moving average price is C$6.30.

Computer Modelling Group Company Profile

(Get Free Report)

Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization.

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