Nice’s (NICE) “Buy” Rating Reiterated at Oppenheimer
Oppenheimer reissued their buy rating on shares of Nice (NASDAQ:NICE) in a research report released on Wednesday. The brokerage currently has a $100.00 price target on the technology company’s stock, up from their previous price target of $90.00. Oppenheimer also issued estimates for Nice’s FY2019 earnings at $2.92 EPS.
Several other equities analysts also recently commented on the company. Royal Bank of Canada reaffirmed a hold rating and issued a $80.00 price objective on shares of Nice in a research report on Monday, August 21st. Chardan Capital downgraded Nice from a buy rating to a neutral rating and set a $91.00 price target on the stock. in a research report on Monday, November 6th. Citigroup increased their price target on Nice from $83.00 to $93.00 and gave the stock a neutral rating in a research report on Friday, November 3rd. J P Morgan Chase & Co downgraded Nice from an overweight rating to a neutral rating in a research report on Friday, November 3rd. Finally, Jefferies Group began coverage on Nice in a research report on Friday, October 6th. They set a hold rating and a $84.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $86.25.
Shares of Nice (NASDAQ NICE) traded up $0.68 during trading on Wednesday, reaching $88.87. The company’s stock had a trading volume of 62,947 shares, compared to its average volume of 156,619. The company has a market cap of $5,294.66, a P/E ratio of 35.28, a PEG ratio of 4.89 and a beta of 0.90. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.27. Nice has a 12 month low of $65.59 and a 12 month high of $89.86.
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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.
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