Computer Modelling Group (TSE:CMG) Upgraded to Strong-Buy at Ventum Cap Mkts

Computer Modelling Group (TSE:CMG) was upgraded by investment analysts at Ventum Cap Mkts from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports. Ventum Cap Mkts also issued estimates for Computer Modelling Group’s Q4 2026 earnings at $0.08 EPS, FY2026 earnings at $0.22 EPS and FY2027 earnings at $0.29 EPS.

CMG has been the subject of several other reports. BMO Capital Markets decreased their price target on shares of Computer Modelling Group from C$7.00 to C$6.00 in a report on Wednesday. CIBC cut their target price on shares of Computer Modelling Group from C$7.50 to C$6.50 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Finally, Ventum Financial raised Computer Modelling Group from a “neutral” rating to a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Computer Modelling Group presently has an average rating of “Moderate Buy” and a consensus target price of C$9.88.

Computer Modelling Group Stock Performance

Computer Modelling Group stock opened at C$5.05 on Wednesday. The company has a debt-to-equity ratio of 47.62, a current ratio of 1.27 and a quick ratio of 2.25. Computer Modelling Group has a 12 month low of C$4.80 and a 12 month high of C$11.57. The company has a fifty day moving average price of C$5.89 and a two-hundred day moving average price of C$6.76. The company has a market cap of C$417.79 million, a PE ratio of 19.42, a P/E/G ratio of 1.97 and a beta of -0.21.

About Computer Modelling Group

Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization.