Nice’s (NICE) Hold Rating Reaffirmed at Barclays

Barclays reissued their hold rating on shares of Nice (NASDAQ:NICE) in a report released on Friday morning. Barclays currently has a $114.00 target price on the technology company’s stock.

Several other analysts have also recently weighed in on NICE. BidaskClub cut shares of Nice from a strong-buy rating to a buy rating in a research report on Saturday, June 23rd. DA Davidson began coverage on shares of Nice in a research report on Friday, June 22nd. They set a neutral rating and a $110.00 price objective on the stock. ValuEngine upgraded shares of Nice from a buy rating to a strong-buy rating in a research report on Wednesday, May 2nd. Zacks Investment Research cut shares of Nice from a hold rating to a sell rating in a research report on Wednesday, July 11th. Finally, Jefferies Financial Group restated a buy rating and set a $119.00 price objective on shares of Nice in a research report on Wednesday, May 16th. One analyst has rated the stock with a sell rating, six have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of Hold and an average price target of $104.50.

Nice stock opened at $111.80 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a market cap of $6.74 billion, a PE ratio of 48.40, a P/E/G ratio of 4.34 and a beta of 0.76. Nice has a fifty-two week low of $73.65 and a fifty-two week high of $116.05.

A number of large investors have recently modified their holdings of NICE. Vigilant Capital Management LLC purchased a new position in Nice in the 2nd quarter worth $125,000. Ostrum Asset Management purchased a new position in Nice in the 1st quarter worth $166,000. Valmark Advisers Inc. purchased a new position in Nice in the 2nd quarter worth $208,000. Janney Montgomery Scott LLC purchased a new position in Nice in the 2nd quarter worth $239,000. Finally, Marietta Investment Partners LLC purchased a new position in Nice in the 2nd quarter worth $250,000. Institutional investors own 44.93% of the company’s stock.

About Nice

NICE Ltd. provides enterprise software solutions worldwide. It operates in two segments, Customer Engagement and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and delivered in the cloud, as well as on premise.

See Also: Find a Trading Strategy That Works

Analyst Recommendations for Nice (NASDAQ:NICE)

Receive News & Ratings for Nice Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nice and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply