Open Text Corp. (TSE:OTC) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Open Text Corp. (TSE:OTC) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

A number of analysts have recently commented on OTC shares. Jefferies Financial Group lowered shares of Open Text from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 12th. National Bank Financial upgraded shares of Open Text from a “hold” rating to a “strong-buy” rating in a research note on Sunday, September 14th. TD Securities upgraded shares of Open Text to a “hold” rating in a research note on Friday, October 3rd. Finally, Scotiabank upgraded Open Text from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 24th.

Open Text Price Performance

About Open Text

Ocumetics Technology Corp is a research and product development company that specializes in adaptive lens designs. It is in the pre-clinical stage of a game-changing technology for the ophthalmic industry – the Bionic Lens. The Bionic Lens is an expandable intraocular lens that fits within the natural lens compartment of the eye to completely eliminate the need for corrective lenses.