Computer Modelling Group (CMG) Stock Forecast & Price Target

C$11.12

-0.21 (-1.85%)

(As of 09/27/2024 ET)

Computer Modelling Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 10 Analyst Ratings

Sell
1

Hold
1

Buy
8

Based on 10 Wall Street analysts who have issued ratings for Computer Modelling Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a sell rating, 1 has given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for CMG.

Consensus Price Target

C$13.89
24.90% Upside

According to the 10 analysts' twelve-month price targets for Computer Modelling Group, the average price target is C$13.89. The highest price target for CMG is C$15.00, while the lowest price target for CMG is C$9.00. The average price target represents a forecasted upside of 24.90% from the current price of C$11.12.

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CMG Analyst Ratings Over Time

Type	Current Forecast 9/29/23 to 9/28/24	1 Month Ago 8/30/23 to 8/29/24	3 Months Ago 7/1/23 to 6/30/24	1 Year Ago 9/29/22 to 9/29/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	3 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	C$13.89	C$13.45	C$12.28	C$8.71
Forecasted Upside	24.90% Upside	6.32% Upside	-6.92% Downside	2.45% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CMG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CMG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Computer Modelling Group Stock vs. The Competition

Type	Computer Modelling Group	Computer and Technology Companies
Consensus Rating Score	2.80	2.65
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent CMG News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/11/2024	National Bankshares 1 of 5 stars		Set Target	Outperform	C$14.00	+21.74%
8/9/2024	Acumen Capital 3 of 5 stars		Boost Target		C$13.00 ➝ C$15.00	+17.65%
8/8/2024	CIBC 3 of 5 stars		Boost Target		C$13.50 ➝ C$15.00	+19.14%
7/31/2024	Ventum Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$13.00 ➝ C$15.00	+8.77%
7/26/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$12.00 ➝ C$15.00	+7.22%
7/16/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$13.00 ➝ C$14.00	-0.21%
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6/17/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Li Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Outperform	C$15.00	+15.65%
5/24/2024	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Fletcher Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/24/2024	Echelon Wealth Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$11.50 ➝ C$13.00	+7.08%
2/20/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight	C$8.00 ➝ C$9.00	-6.74%
8/31/2023	Industrial Alliance Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Buy	C$9.50	+11.37%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:15 PM ET.

CMG Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Computer Modelling Group is C$13.89, with a high forecast of C$15.00 and a low forecast of C$9.00.
: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Computer Modelling Group in the last year. There is currently 1 sell rating, 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMG shares.
: According to analysts, Computer Modelling Group's stock has a predicted upside of 24.90% based on their 12-month stock forecasts.
: Computer Modelling Group has been rated by research analysts at Acumen Capital, BMO Capital Markets, Canaccord Genuity Group, CIBC, National Bankshares, and Ventum Financial in the past 90 days.
: Analysts like Computer Modelling Group more than other "computer and technology" companies. The consensus rating score for Computer Modelling Group is 2.80 while the average consensus rating score for "computer and technology" companies is 2.65. Learn more on how CMG compares to other companies.