Open Text (NASDAQ: OTEX) has recently received a number of price target changes and ratings updates:
- 5/11/2026 – Open Text had its price target raised by Barclays PLC from $25.00 to $27.00. They now have an “equal weight” rating on the stock.
- 5/9/2026 – Open Text was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 5/8/2026 – Open Text had its price target lowered by Royal Bank Of Canada from $30.00 to $27.00. They now have a “sector perform” rating on the stock.
- 5/8/2026 – Open Text had its price target lowered by Scotiabank from $50.00 to $40.00. They now have a “sector outperform” rating on the stock.
- 5/8/2026 – Open Text was given a new $25.00 price target by UBS Group AG.
- 5/8/2026 – Open Text had its price target lowered by Raymond James Financial, Inc. from $42.00 to $35.00. They now have an “outperform” rating on the stock.
- 5/8/2026 – Open Text had its price target lowered by Scotia from $50.00 to $40.00. They now have a “sector outperform” rating on the stock.
- 5/8/2026 – Open Text had its price target lowered by Citigroup Inc. from $26.00 to $25.00. They now have a “neutral” rating on the stock.
- 4/20/2026 – Open Text had its price target lowered by Barclays PLC from $30.00 to $25.00. They now have an “equal weight” rating on the stock.
Open Text Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, June 5th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 4.7%. The ex-dividend date is Friday, June 5th. Open Text’s payout ratio is presently 53.66%.
Open Text’s product suite includes content services, business process management, customer experience management, analytics and security products.
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