Computer Task Group, Incorporat with ticker code (CTG) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 13 and 9.25 with a mean TP of 11.13. Given that the stocks previous close was at 7.1 this is indicating there is a potential upside of 56.8%. The 50 day moving average now sits at 7.39 and the 200 moving average now moves to 8.29. The company has a market capitalisation of $113m. Find out more information at: https://www.ctg.com
The potential market cap would be $176m based on the market concensus.
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Computer Task Group, Incorporated, together with its subsidiaries, offers information and technology services in North America, South America, Western Europe, and India. It operates through three segments: North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The company offers business process transformation solutions, which include advisory, data strategy, digital workplace, enterprise platforms, information disclosure, and regulatory and compliance services; technology transformation solutions, such as application development, automation, cloud, data management, enterprise platform implementation, and testing services; and operations transformation solutions consisting of application support, IT operations support, cloud, and infrastructure. It also provides staffing services, including managed staffing, staff augmentation, and volume staffing services. The company serves financial services, healthcare, manufacturing, and energy industries, as well as technology service providers. Computer Task Group, Incorporated was incorporated in 1966 and is headquartered in Amherst, New York.