In a latest note to investors, a research analyst has provided a rating update for the Technology company, Converge Technology Solutions Corp (CTS – Research Report). The Technology company, Converge Technology Solutions Corp (TSX: CTS) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Kwan is ranked #524 out of 8631 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Converge Technology Solutions Corp with a C$5.41 average price target.
The company has a one-year high of C$6.23 and a one-year low of C$2.25. Currently, Converge Technology Solutions Corp has an average volume of 450K.
Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has two reportable segments: the United States and Canada. The majority of its revenue is generated from product sales in the United States.
The company’s shares closed last Wednesday at C$3.96.
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