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Computer Modelling ( (TSE:CMG) ) has issued an update.
Computer Modelling Group Ltd. has appointed Vipin Khullar as its new Chief Financial Officer, a strategic move aimed at bolstering the company’s growth strategy. Khullar, who brings a wealth of experience from his previous roles at Constellation Software Inc. and IBM Canada, is expected to play a crucial role in CMG’s ambitious plans for scaling and acquisitions, ensuring disciplined execution and long-term value creation. The transition also sees Sandra Balic moving to Vice President, Finance, continuing her leadership in financial reporting and compliance.
The most recent analyst rating on (TSE:CMG) stock is a Buy with a C$13.00 price target. To see the full list of analyst forecasts on Computer Modelling stock, see the TSE:CMG Stock Forecast page.
Spark’s Take on TSE:CMG Stock
According to Spark, TipRanks’ AI Analyst, TSE:CMG is a Outperform.
The strong financial performance and positive corporate events are significant strengths for Computer Modelling, indicating potential for sustained growth. While technical analysis and valuation suggest some caution, particularly in long-term technical trends and moderate valuation, the strategic partnership with Baker Hughes provides a positive outlook and strengthens the stock’s position.
To see Spark’s full report on TSE:CMG stock, click here.
More about Computer Modelling
Computer Modelling Group Ltd. (CMG) is a global software and consulting company that integrates science and technology with extensive industry expertise to address complex subsurface and surface challenges in the new energy sector worldwide. Headquartered in Calgary, AB, CMG operates offices in major cities including Houston, Oxford, Dubai, Bogota, Rio de Janeiro, Bengaluru, Kuala Lumpur, Oslo, Stavanger, and Kaiserslautern.
Average Trading Volume: 165,723
Technical Sentiment Signal: Hold
Current Market Cap: C$661.1M
See more data about CMG stock on TipRanks’ Stock Analysis page.