Analysts Set Iteris Inc (ITI) PT at $8.00
Shares of Iteris Inc (NASDAQ:ITI) have earned an average rating of “Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $8.00.
ITI has been the subject of several research analyst reports. ValuEngine cut shares of Iteris from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. Dougherty & Co reaffirmed a “buy” rating on shares of Iteris in a research note on Tuesday, April 30th.
ITI opened at $5.34 on Friday. The firm has a market cap of $178.10 million, a P/E ratio of -133.50 and a beta of 0.36. Iteris has a fifty-two week low of $3.24 and a fifty-two week high of $5.64.
Iteris, Inc provides intelligent transportation systems technology solutions worldwide. The company's Roadway Sensors segment provides vehicle detection sensors and systems for traffic intersection management, communication systems, and roadway traffic data collection applications. Its products include Vantage detection system to detect vehicle presence at intersections, as well as vehicle count, speed, and other traffic data; Vantage Vector video/radar hybrid product, an vehicle detection sensor; and VantageLive!, a cloud-based platform; and Vantage systems equipped with smartcycle capability to differentiate between bicycles and other vehicles with a single video detection camera.
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