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

Computer Modelling Group (TSE:CMG) received a C$6.00 target price from equities researchers at National Bankshares in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 16.05% from the company’s current price.

CMG has been the topic of several other research reports. Ventum Financial upgraded shares of Computer Modelling Group from a “neutral” rating to a “buy” rating in a report on Thursday, November 13th. BMO Capital Markets cut their target price on shares of Computer Modelling Group from C$7.00 to C$6.00 in a research note on Wednesday, November 12th. CIBC lowered their price objective on shares of Computer Modelling Group from C$6.50 to C$5.50 in a report on Monday. Finally, Ventum Cap Mkts raised Computer Modelling Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$8.90.

Computer Modelling Group Trading Down 0.2%

TSE:CMG traded down C$0.01 during mid-day trading on Thursday, reaching C$5.17. 178,376 shares of the company’s stock traded hands, compared to its average volume of 225,788. The company has a 50 day moving average price of C$5.29 and a 200-day moving average price of C$6.30. The firm has a market capitalization of C$427.71 million, a price-to-earnings ratio of 20.68, a PEG ratio of 1.97 and a beta of -0.35. The company has a debt-to-equity ratio of 47.62, a current ratio of 1.27 and a quick ratio of 2.25. Computer Modelling Group has a 12-month low of C$4.68 and a 12-month high of C$10.96.

Computer Modelling Group Company Profile

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.