Majesco (AMEX:MJCO) had its target price cut by Maxim Group from $8.00 to $7.00 in a research report sent to investors on Thursday. They currently have a buy rating on the stock.

Majesco (AMEX:MJCO) opened at 4.72 on Thursday. The stock’s market capitalization is $172.41 million. The company’s 50-day moving average price is $4.90 and its 200 day moving average price is $5.11. Majesco has a 52 week low of $4.49 and a 52 week high of $6.28.

ILLEGAL ACTIVITY WARNING: This story was first reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of US & international copyright legislation. The correct version of this story can be read at https://www.watchlistnews.com/majesco-amexmjco-given-new-7-00-price-target-at-maxim-group/1463343.html.

Majesco Company Profile

Majesco is a provider of insurance software, consulting and services for insurance industry. The Company operates through the software solutions provider for the insurance industry segment. The Company offers insurance software solutions for Property and Casualty or General Insurance (P&C), Life, Annuities (L&A), and Pensions and Group or Employee Benefits providers, allowing them to manage policy management, claims management and billing functions.

Receive News & Ratings for Majesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majesco and related companies with Analyst Ratings Network's FREE daily email newsletter.