Nice’s (NICE) “Outperform” Rating Reiterated at Citigroup
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.
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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.
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