A Wall Street analyst has provided a review for the Technology company yesterday, but retained the same rating on the stock. BMO Capital’s analyst Michael Mazar reiterates their Buy rating on the shares of Computer Modelling (CMG), with a C$9 price target.
Mazar has an average return of 6.5% when recommending Computer Modelling.
According to TipRanks.com, Mazar is ranked #4057 out of 5163 analysts.
Read also: Wall Street Second Best Analyst Pulls the Trigger on Shopify (SHOP) Stock
Currently, the analyst consensus on Computer Modelling is a Hold with an average price target of C$8.50.
Computer Modelling’s market cap is currently C$552M and has a P/E ratio of 28.8. The company has a Price to Book ratio of 11.03.
Computer Modelling Group Ltd. engages in the development and licensing of reservoir simulation software. It assists oil and gas companies with extracting significantly increased volumes of oil and gas from their reservoirs. It operates through the following geographical segments: Canada, United States, South America, and Eastern Hemisphere.
The company’s shares closed on Wednesday at C$6.88.