Equities Analysts Offer Predictions for Open Text Corp’s Q1 2017 Earnings (OTC)

Open Text Corp (TSE:OTC) – Equities researchers at National Bank Financial issued their Q1 2017 earnings estimates for Open Text Corp in a report issued on Monday. National Bank Financial analyst R. Tse forecasts that the firm will post earnings per share of $1.14 for the quarter. National Bank Financial currently has a “Outperform Overweight” rating on the stock. National Bank Financial also issued estimates for Open Text Corp’s Q2 2017 earnings at $1.35 EPS, Q3 2017 earnings at $1.23 EPS and Q4 2017 earnings at $1.45 EPS.

Earnings History and Estimates for Open Text Corp (TSE:OTC)

OTC has been the topic of several other research reports. TD Securities lifted their price target on shares of 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. Royal Bank Of Canada lifted their price target on shares of Open Text Corp from C$76.50 to C$89.50 and gave the stock an “outperform” rating in a research report on Tuesday, June 21st.

Shares of Open Text Corp (TSE:OTC) opened at 85.26 on Wednesday. Open Text Corp has a one year low of $56.44 and a one year high of $87.50. The firm’s 50-day moving average price is $83.01 and its 200-day moving average price is $76.05. The stock has a market capitalization of $10.30 billion and a P/E ratio of 36.59.

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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