Open Text Corporation (OTEX) Social Stream
Open Text Corp (OTEX) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering OTEX.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-03 | 4 | $63 | $56.001 | $59.6 | $43.24 | 37.84% |
| 2022-02-04 | 3 | $62 | $56.001 | $59 | $43.24 | 36.45% |
The Trend in the Analyst Price Target
OTEX's average price target has moved up $1.95 over the prior 39 weeks.
Over the past 39 weeks, OTEX's average upside potential has been 21.83%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-05-08 | 3 | 60.0 | 51.000 | 57.050 | 47.94 | 19% |
| 2021-08-24 | 11 | 64.5 | 56.000 | 59.500 | 53.97 | 10.25% |
| 2021-11-05 | 5 | 63.0 | 55.000 | 58.833 | 51.61 | 14% |
| 2022-02-03 | 5 | 63.0 | 55.000 | 58.833 | 46.51 | 26.5% |
| 2022-02-03 | 4 | 63.0 | 56.001 | 59.600 | 46.51 | 28.14% |
OTEX Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 1 | 1 | 1 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
Over the past 62 days, OTEX's average broker recommendation rating improved by 0.05.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how Open Text Corp fares relative to all US stocks, note that its variance in analysts' estimates is lower than 50.84% of that group.
- To contextualize these metrics, consider that out of stocks in the large market cap category, Open Text Corp's number of analysts covering the stock is higher than 18.96% of them.
- In the context of stocks in the large market cap category, Open Text Corp's upside potential (average analyst target price relative to current price) is greater than 282.54% of them.
- Open Text Corp's average analyst price target is higher than 126.67% of stocks in the large market cap category.
Stocks similar to Open Text Corp in the Computers industry regarding analyst recommendations and price targets are LDOS, JKHY, and GDDY.
What is the outlook for OTEX? Use POWR Ratings for clearer insight into price direction.