Open Text (TSE:OTC) Rating Increased to Hold at TD Securities

TD Securities upgraded shares of Open Text (TSE:OTC) to a hold rating in a research report sent to investors on Friday morning,Zacks.com reports.

Other equities research analysts have also recently issued reports about the stock. National Bank Financial upgraded shares of Open Text from a “hold” rating to a “strong-buy” rating in a report on Sunday, September 14th. Jefferies Financial Group cut shares of Open Text from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 12th. Finally, Scotiabank upgraded shares of Open Text from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 24th. Two analysts have rated the stock with a Strong Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Open Text Stock 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.