Canaccord Genuity Sticks to Its Hold Rating for Optiva Inc (OPT)


Optiva Inc (OPT) has received a rating update from a Wall Street analyst on December 13. Analyst Robert Young from Canaccord Genuity rated Optiva Inc (OPT) a Hold on December 13, setting a C$45 price target.

According to TipRanks.com, Young is ranked #437 out of 5105 analysts.

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Currently, the analyst consensus on Optiva Inc is a Hold with an average price target of C$45.

The company has a one-year high of C$57.50 and a one-year low of C$42.50. Currently, Optiva Inc has an average volume of 3,084.

Optiva, Inc. provides software products, solutions and services to network operators throughout the world, including wireless, wireline, broadband and satellite. It offers Real-time Converged Billing, a cloud-enabled converged billing and customer care platform, which provides real-time unified billing, rating, and charging for the operator’s data, voice, and messaging services; customer care capabilities; subscriber promotions and loyalty programs; and self-care options for prepaid, postpaid, and hybrid subscribers. The company also provides Brand Challenger, a cloud-based end-to-end converged billing solution for mobile network operators, mobile virtual network enablers, and mobile virtual network operators. The company was founded on November 1, 2006 and is headquartered in Mississauga, Canada.

The company’s shares closed on Monday at C$45.40.

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