National Bank Financial reaffirmed their outperform overweight rating on shares of Open Text Corp (TSE:OTC) in a research report report published on Monday morning.

Several other equities analysts have also recently issued reports on the company. Royal Bank Of Canada reiterated an outperform rating and set a C$89.00 target price on shares of Open Text Corp in a research report on Wednesday, July 13th. TD Securities boosted their target price on Open Text Corp from C$63.00 to C$70.00 and gave the stock a buy rating in a research report on Tuesday, July 26th.

Shares of Open Text Corp (TSE:OTC) traded down 0.23% during midday trading on Monday, hitting $86.10. The company’s stock had a trading volume of 80,169 shares. The firm has a market cap of $10.40 billion and a price-to-earnings ratio of 36.95. Open Text Corp has a 12-month low of $56.44 and a 12-month high of $87.50. The firm has a 50-day moving average of $82.95 and a 200 day moving average of $75.98.

Open Text Corp Company Profile

Open Text Corp is a Canada-based independent company. The Company provides various software products and services that assist organizations in finding, utilizing, and sharing business information from any device. Its enterprise information management (EIM) offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Information Exchange (iX), Discovery and Analytics.

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