Analyst Activity – Royal Bank of Canada Reiterates Underperform on Computer Modelling Group (TSE:CMG)

Analyst Ratings For Computer Modelling Group (TSE:CMG)

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Today, Royal Bank of Canada reiterated its Underperform rating on Computer Modelling Group (TSE:CMG) with a price target of C$8.00.

There are 3 sell ratings, 1 buy rating on the stock.

The current consensus rating on Computer Modelling Group (TSE:CMG) is Hold (Score: 1.50) with a consensus target price of C$8.75 per share, a potential .

Some recent analyst ratings include

  • 5/23/2017-Royal Bank of Canada Reiterated Rating of Underperform.
  • 11/16/2015-GMP Securities Upgrade from a “Reduce ” rating to a ” Hold” rating.
  • 10/14/2015-AltaCorp Capital was Downgraded by analysts at AltaCorp Capital from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$13.00 price target on the stock, up previously from C$15.50 .

    About Computer Modelling Group (TSE:CMG)
    Computer Modelling Group Ltd. (CMG) is a Canada-based computer software technology company serving the oil and gas industry. The Company operates through the development and licensing of reservoir simulation software segment. The Company is a supplier of process reservoir modelling software with a blue chip customer base of international oil companies and technology centers in approximately 60 countries. The Company also provides professional services consisting of specialized support, consulting, training and contract research activities. The Company is engaged in the sales and technical support services based in Calgary, Houston, London, Dubai, Bogota and Kuala Lumpur. The Company’s subsidiaries include Computer Modelling Group Inc., CMG Venezuela, CMG Middle East FZ LLC and CMG (Europe) Limited.

    Recent Trading Activity for Computer Modelling Group (TSE:CMG)
    Shares of Computer Modelling Group closed the previous trading session at 9.70 down -0.42 -4.15% with 58,050 shares trading hands.

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