Open Text Corp to Post FY2017 Earnings of $3.34 Per Share, National Bank Financial Forecasts (OTC)

Open Text Corp (TSE:OTC) – Equities research analysts at National Bank Financial issued their FY2017 earnings per share (EPS) estimates for Open Text Corp in a research note issued on Monday. National Bank Financial analyst R. Tse expects that the brokerage will earn $3.34 per share for the year. National Bank Financial has a “Outperform Overweight” rating on the stock. National Bank Financial also issued estimates for Open Text Corp’s FY2018 earnings at $4.01 EPS.

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

OTC has been the topic of a number of other reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$89.00 price objective on shares of Open Text Corp in a research note on Wednesday, July 13th. TD Securities raised their price objective on Open Text Corp from C$72.00 to C$74.00 and gave the company a “buy” rating in a research note on Wednesday, September 14th.

Shares of Open Text Corp (TSE:OTC) traded down 0.45% on Thursday, hitting $84.98. The stock had a trading volume of 247,761 shares. The firm has a 50 day moving average of $83.20 and a 200-day moving average of $76.26. The firm has a market capitalization of $10.26 billion and a price-to-earnings ratio of 36.47. Open Text Corp has a 1-year low of $56.44 and a 1-year high of $87.50.

About Open Text Corp

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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