Shares of Nice Ltd (NASDAQ:NICE) have received a consensus recommendation of “Hold” from the eleven ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $84.00.

Several equities analysts recently issued reports on the company. Chardan Capital cut Nice from a “buy” rating to a “neutral” rating and set a $91.00 price objective for the company. in a report on Monday, November 6th. Citigroup lifted their price objective on Nice from $83.00 to $93.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Jefferies Group lifted their price objective on Nice from $84.00 to $87.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. J P Morgan Chase & Co cut Nice from an “overweight” rating to a “neutral” rating in a report on Friday, November 3rd. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $80.00 price target on shares of Nice in a research report on Monday, August 21st.

Shares of Nice (NASDAQ NICE) traded down $0.17 during mid-day trading on Thursday, reaching $87.83. The company had a trading volume of 125,609 shares, compared to its average volume of 150,427. The firm has a market capitalization of $5,273.05, a PE ratio of 35.13, a PEG ratio of 4.87 and a beta of 0.90. Nice has a 52-week low of $65.59 and a 52-week high of $89.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 1.28.

Institutional investors have recently added to or reduced their stakes in the business. Eagle Asset Management Inc. increased its position in Nice by 13.4% during the second quarter. Eagle Asset Management Inc. now owns 276,775 shares of the technology company’s stock worth $21,787,000 after buying an additional 32,620 shares in the last quarter. American Capital Management Inc. grew its position in shares of Nice by 0.6% in the third quarter. American Capital Management Inc. now owns 567,032 shares of the technology company’s stock valued at $46,105,000 after purchasing an additional 3,290 shares during the period. SG Americas Securities LLC grew its position in shares of Nice by 194.2% in the third quarter. SG Americas Securities LLC now owns 25,459 shares of the technology company’s stock valued at $2,070,000 after purchasing an additional 16,804 shares during the period. Parametric Portfolio Associates LLC grew its position in shares of Nice by 31.1% in the second quarter. Parametric Portfolio Associates LLC now owns 201,670 shares of the technology company’s stock valued at $15,875,000 after purchasing an additional 47,895 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Nice by 12.6% in the second quarter. Bank of New York Mellon Corp now owns 11,482 shares of the technology company’s stock valued at $905,000 after purchasing an additional 1,281 shares during the period. 45.10% of the stock is owned by institutional investors.

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Nice Company Profile

NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.

Analyst Recommendations for Nice (NASDAQ:NICE)

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