Research Analysts at Peel Hunt Didn’t Change their Hold rating for Savills PLC (LON:SVS). The Target is Set to GBX 990.00; Open Text Corporationhares (OTEX) Sellers Decreased By 2.18% Their Shorts

Open Text Corporation (NASDAQ:OTEX) Logo

Open Text Corporationhares (NASDAQ:OTEX) had a decrease of 2.18% in short interest. OTEX’s SI was 5.76 million shares in April as released by FINRA. Its down 2.18% from 5.89 million shares previously. With 502,000 avg volume, 12 days are for Open Text Corporationhares (NASDAQ:OTEX)’s short sellers to cover OTEX’s short positions. The SI to Open Text Corporationhares’s float is 2.23%. The stock decreased 0.20% or $0.07 during the last trading session, reaching $35.79. About 385,251 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 0.38% since April 19, 2017 and is uptrending. It has underperformed by 11.17% the S&P500.

In analysts note released on today, Peel Hunt reiterated their Hold rating on Savills PLC (LON:SVS)‘s stock. The PT gives a potential downside of -0.63% from firm’s close price.

Open Text Corporation provides a suite of software services and products that assist organizations in finding, utilizing, and sharing business information from various devices. The company has market cap of $9.51 billion. The firm 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. It has a 49.92 P/E ratio. The Company’s products also include business network solutions comprising business-to-business integration, fax solutions, and secure messaging; analytics solutions, including embedded reporting and visualization, and big data analysis; and discovery solutions consisting of search, semantic navigation, and auto classification, as well as InfoFusion to deal with the issue of ‘information silosÂ’ resulting from disconnected information sources across the enterprise.

Among 12 analysts covering OpenText Corporation (NASDAQ:OTEX), 10 have Buy rating, 1 Sell and 1 Hold. Therefore 83% are positive. OpenText Corporation has $76 highest and $31.5 lowest target. $47.23’s average target is 31.96% above currents $35.79 stock price. OpenText Corporation had 26 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $4000 target in Wednesday, July 12 report. As per Friday, August 4, the company rating was maintained by Barclays Capital. BMO Capital Markets upgraded Open Text Corporation (NASDAQ:OTEX) on Tuesday, September 13 to “Outperform” rating. The company was maintained on Thursday, October 29 by Barclays Capital. The firm has “Buy” rating given on Thursday, February 1 by BMO Capital Markets. The firm has “Buy” rating by Raymond James given on Wednesday, November 22. The stock of Open Text Corporation (NASDAQ:OTEX) has “Buy” rating given on Thursday, February 1 by RBC Capital Markets. On Tuesday, September 26 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Overweight” rating given on Thursday, February 1 by Barclays Capital. BMO Capital Markets maintained the shares of OTEX in report on Thursday, August 3 with “Buy” rating.

Savills plc, together with its subsidiaries, operates as a real estate services provider. The company has market cap of 1.34 billion GBP. It advises on commercial, rural, residential, and leisure property; and provides corporate finance advice, investment management, and a range of property related financial services. It has a 17.06 P/E ratio. The firm operates through four divisions: Transaction Advisory, Consultancy, Property and Facilities Management, and Investment Management.

Open Text Corporation (NASDAQ:OTEX) Ratings Chart