Computer Modelling Gets a Hold Rating from GMP FirstEnergy

By Austin Angelo

Wall Street analyst has provided a review for the Technology company on August 10, but retained the same rating on the stock. On August 10, analyst Justin Keywood gave a Hold rating to CMG and set a C$9 price target.

According to TipRanks.com, Keywood is ranked #3712 out of 4628 analysts.

Currently, the analyst consensus on Computer Modelling is Moderate Sell and the average price target is C$9.40, representing a 0.8% upside.

In a report issued on August 10, Canaccord Genuity also reiterated a Hold rating on the stock with a C$9 price target.

The company has a one year high of C$11.32 and a one year low of C$8.20. Currently, Computer Modelling has an average volume of 118.2K.

Computer Modelling Group Ltd. engages in the development and supply of reservoir simulation technologies. The firm develops and licenses reservoir simulation software and provides professional services such as support, training, consulting and contract research activities.

The company’s shares closed on Friday at C$9.33.