BMO Capital Markets set a C$42.00 price target on Open Text (TSE:OTEX) (NASDAQ:OTEX) in a research note published on Thursday morning. The firm currently has an outperform rating on the stock.

Separately, Macquarie dropped their price objective on shares of Open Text from C$43.00 to C$40.00 in a research note on Thursday, November 23rd. Five investment analysts have rated the stock with a buy rating, Open Text has a consensus rating of Buy and a consensus price target of C$44.67.

Open Text (OTEX) opened at C$45.32 on Thursday. Open Text has a one year low of C$38.65 and a one year high of C$49.49. The stock has a market cap of $12,000.00, a price-to-earnings ratio of 52.09 and a beta of -0.03.

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Open Text Company Profile

Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. The company offers content solutions that provide content and records management, archiving, and email management and capture solutions, as well as Core, a software as a service based multi-tenant cloud solution; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social software, and portal.

Analyst Recommendations for Open Text (TSE:OTEX)

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