Citigroup reissued their outperform rating on shares of Nice (NASDAQ:NICE) in a report published on Wednesday, The Fly reports. They currently have a $100.00 price objective on the technology company’s stock, up from their previous price objective of $90.00. The analysts noted that the move was a valuation call.

Several other research firms have also issued reports on NICE. Royal Bank of Canada reissued a hold rating and set a $80.00 price target on shares of Nice in a report on Monday, August 21st. Jefferies Group boosted their price target on Nice from $84.00 to $87.00 and gave the company a hold rating in a report on Friday, November 3rd. J P Morgan Chase & Co lowered Nice from an overweight rating to a neutral rating in a report on Friday, November 3rd. Finally, Chardan Capital lowered Nice from a buy rating to a neutral rating and set a $91.00 price target for the company. in a report on Monday, November 6th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $86.25.

Nice (NICE) traded up $0.68 during trading hours 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. Nice has a twelve month low of $65.59 and a twelve month high of $89.86. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $5,294.66, a price-to-earnings ratio of 35.28, a PEG ratio of 4.89 and a beta of 0.90.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NICE. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Nice by 95.7% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 435,444 shares of the technology company’s stock worth $35,406,000 after acquiring an additional 212,901 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Nice by 2,112.6% in the third quarter. Ameriprise Financial Inc. now owns 110,938 shares of the technology company’s stock worth $9,020,000 after acquiring an additional 105,924 shares during the period. Parametric Portfolio Associates LLC boosted its stake 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 worth $15,875,000 after acquiring an additional 47,895 shares during the period. Sumitomo Mitsui Trust Holdings Inc. bought a new position in shares of Nice in the third quarter worth about $3,742,000. Finally, Tygh Capital Management Inc. boosted its stake in shares of Nice by 58.6% in the third quarter. Tygh Capital Management Inc. now owns 92,906 shares of the technology company’s stock worth $7,554,000 after acquiring an additional 34,320 shares during the period. 45.10% of the stock is owned by hedge funds and other 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.

The Fly

Analyst Recommendations for Nice (NASDAQ:NICE)

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