On Track Innovations Ltd (NASDAQ:OTIV)‘s stock had its “buy” rating reaffirmed by equities research analysts at Northland Securities in a research note issued to investors on Wednesday. They presently have a $2.50 target price on the technology company’s stock. Northland Securities’ target price would indicate a potential upside of 68.92% from the company’s current price.

Several other research analysts have also recently issued reports on OTIV. Zacks Investment Research cut shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Wednesday. TheStreet raised shares of On Track Innovations from a “d” rating to a “c-” rating in a report on Wednesday, August 23rd. ValuEngine cut shares of On Track Innovations from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Finally, Lake Street Capital began coverage on shares of On Track Innovations in a report on Wednesday, July 12th. They set a “buy” rating and a $2.25 price target for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $2.38.

Shares of On Track Innovations (NASDAQ:OTIV) opened at 1.48 on Wednesday. The firm’s market capitalization is $60.86 million. The stock’s 50 day moving average price is $1.28 and its 200-day moving average price is $1.38. On Track Innovations has a 52-week low of $0.89 and a 52-week high of $2.09.

ILLEGAL ACTIVITY NOTICE: “On Track Innovations Ltd (OTIV) Rating Reiterated by Northland Securities” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright law. The correct version of this report can be read at https://www.watchlistnews.com/on-track-innovations-ltd-otiv-rating-reiterated-by-northland-securities/1612290.html.

An institutional investor recently raised its position in On Track Innovations stock. Sarbit Advisory Services Inc. increased its position in shares of On Track Innovations Ltd (NASDAQ:OTIV) by 43.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,309,402 shares of the technology company’s stock after purchasing an additional 394,051 shares during the period. On Track Innovations makes up approximately 0.5% of Sarbit Advisory Services Inc.’s portfolio, making the stock its 9th largest position. Sarbit Advisory Services Inc. owned about 3.19% of On Track Innovations worth $1,715,000 at the end of the most recent quarter. 6.07% of the stock is owned by hedge funds and other institutional investors.

On Track Innovations Company Profile

On Track Innovations Ltd. is a developer of cashless payment solutions. The Company’s segments include Retail and Mass Transit, Petroleum, Parking and Other. The Company offers solutions for banking, mobile network operators, vending, mass transit, petroleum and parking. The Company provides its customers with training and installation support, customer service and technical support.

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