Computer Task Group, Incorporat with ticker code (CTG) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 12 and 9.5 calculating the mean target price we have $10.75. Given that the stocks previous close was at $7.17 this indicates there is a potential upside of 49.9%. It’s also worth noting that there is a 50 day moving average of $7.42 and the 200 day moving average is $7.55. The company has a market cap of $110m. Company Website: https://www.ctg.com
The potential market cap would be $165m based on the market consensus.
Computer Task Group, Incorporated, together with its subsidiaries, offers information and technology-related services in North America and Europe. 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, including 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 comprising 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, energy, other industries, as well as technology service providers. Computer Task Group, Incorporated was incorporated in 1966 and is headquartered in Amherst, New York.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 15.51, revenue per share of 22.51 and a 4.05% return on assets.
