Computer Modelling Group (TSE:CMG) Stock Rating Upgraded by Ventum Cap Mkts

Computer Modelling Group (TSE:CMG) was upgraded by stock analysts at Ventum Cap Mkts from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports. Ventum Cap Mkts also issued estimates for Computer Modelling Group’s Q4 2026 earnings at $0.08 EPS, FY2026 earnings at $0.22 EPS and FY2027 earnings at $0.29 EPS.

Several other research firms have also recently weighed in on CMG. CIBC decreased their target price on shares of Computer Modelling Group from C$7.50 to C$6.50 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. BMO Capital Markets reduced their target price on shares of Computer Modelling Group from C$7.00 to C$6.00 in a report on Wednesday. Finally, Ventum Financial upgraded Computer Modelling Group from a “neutral” rating to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Computer Modelling Group presently has a consensus rating of “Moderate Buy” and an average target price of C$9.88.

Computer Modelling Group Stock Down 3.0%

Shares of TSE:CMG traded down C$0.15 during midday trading on Wednesday, reaching C$4.90. The company had a trading volume of 177,229 shares, compared to its average volume of 212,389. Computer Modelling Group has a 1-year low of C$4.80 and a 1-year high of C$11.57. The stock has a market cap of C$405.38 million, a PE ratio of 18.85, a P/E/G ratio of 1.97 and a beta of -0.21. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62. The business’s 50 day moving average price is C$5.89 and its 200 day moving average price is C$6.76.

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.