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

Open Text Corp. (TSE:OTC) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

OTC has been the topic of several recent research reports. Jefferies Financial Group downgraded shares of Open Text from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 12th. TD Securities upgraded shares of Open Text to a “hold” rating in a research report on Friday, October 3rd. Scotiabank upgraded shares of Open Text from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 24th. Finally, National Bank Financial upgraded shares of Open Text from a “hold” rating to a “strong-buy” rating in a research report on Sunday, September 14th.

Open Text Price Performance

Open Text Company Profile

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.