Securitize (NYSE:SECZ) Earns Buy Rating from Analysts at Citigroup

Citigroup began coverage on shares of Securitize (NYSE:SECZ) in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $10.00 target price on the stock.

Separately, Rosenblatt Securities started coverage on Securitize in a research report on Wednesday, July 15th. They issued a “buy” rating and a $14.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat.com, Securitize presently has a consensus rating of “Strong Buy” and a consensus price target of $12.00.

Securitize Price Performance

Shares of Securitize stock opened at $6.67 on Monday. Securitize has a one year low of $6.04 and a one year high of $13.70.

About Securitize

Securitize is a financial technology company that provides a platform for issuing, managing, and trading tokenized securities and other digital assets. The company focuses on helping issuers digitize assets on blockchain-based infrastructure while giving investors and intermediaries tools to support compliance, transferability, and recordkeeping.

Its products and services are designed for use across the lifecycle of digital securities, including issuance, investor onboarding, cap table and ownership management, and secondary trading support through regulated market infrastructure.