Asure Software (ASUR) Given a $15.00 Price Target at Barrington Research
Barrington Research set a $15.00 price target on Asure Software (NASDAQ:ASUR) in a report released on Wednesday, TipRanks reports. The brokerage currently has a buy rating on the technology company’s stock.
Other research analysts have also issued reports about the stock. TheStreet lowered shares of Asure Software from a c- rating to a d+ rating in a report on Tuesday, December 11th. Zacks Investment Research raised shares of Asure Software from a sell rating to a hold rating in a report on Monday, February 11th. Roth Capital decreased their price target on shares of Asure Software from $23.00 to $15.00 and set a buy rating for the company in a report on Tuesday, January 8th. ValuEngine raised shares of Asure Software from a strong sell rating to a sell rating in a report on Monday, February 4th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a $13.00 price target on shares of Asure Software in a report on Friday, March 15th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $13.38.
Shares of ASUR stock opened at $6.45 on Wednesday. The firm has a market cap of $96.88 million, a price-to-earnings ratio of 15.00, a P/E/G ratio of 0.55 and a beta of 0.91. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.05. Asure Software has a 1-year low of $4.26 and a 1-year high of $19.78.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Rhumbline Advisers acquired a new position in shares of Asure Software in the 4th quarter valued at about $73,000. First Interstate Bank boosted its holdings in shares of Asure Software by 402.7% in the 4th quarter. First Interstate Bank now owns 18,600 shares of the technology company’s stock valued at $94,000 after buying an additional 14,900 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Asure Software by 15.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,000 shares of the technology company’s stock valued at $112,000 after buying an additional 3,000 shares during the period. New Jersey Better Educational Savings Trust boosted its holdings in shares of Asure Software by 9.1% in the 4th quarter. New Jersey Better Educational Savings Trust now owns 24,000 shares of the technology company’s stock valued at $122,000 after buying an additional 2,000 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of Asure Software in the 3rd quarter valued at about $235,000. 56.07% of the stock is owned by institutional investors and hedge funds.
About Asure Software
Asure Software, Inc provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organizations to optimize their real estate investment, and create a digital workspace that empowers mobile and virtual employees; and AsureForce time and labor management solutions to help organizations optimize their workforce, as well as control labor administration costs and activities.
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