Nice (NASDAQ:NICE) had its price objective raised by equities research analysts at Oppenheimer from $125.00 to $145.00 in a report released on Wednesday, BenzingaRatingsTable reports. The firm presently has an “outperform” rating on the technology company’s stock. Oppenheimer’s target price indicates a potential upside of 12.04% from the stock’s previous close.
Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group restated a “buy” rating and issued a $149.00 target price (up previously from $134.00) on shares of Nice in a report on Wednesday. Zacks Investment Research upgraded shares of Nice from a “sell” rating to a “hold” rating in a report on Wednesday. BidaskClub upgraded shares of Nice from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Wedbush lifted their price target on shares of Nice to $145.00 in a report on Friday, February 15th. Finally, reiterated a “buy” rating and issued a $125.00 price target on shares of Nice in a report on Thursday, February 14th. Six analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $126.20.
NICE traded up $0.61 on Wednesday, reaching $129.42. The company had a trading volume of 1,646 shares, compared to its average volume of 133,059. The company has a market capitalization of $7.71 billion, a P/E ratio of 33.61, a P/E/G ratio of 2.86 and a beta of 0.82. Nice has a 52-week low of $93.05 and a 52-week high of $129.22. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.38 and a quick ratio of 1.38.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Liberty Wealth Management LLC purchased a new position in Nice in the 4th quarter worth about $27,000. CWM LLC grew its stake in shares of Nice by 261.5% during the 4th quarter. CWM LLC now owns 347 shares of the technology company’s stock valued at $38,000 after purchasing an additional 251 shares during the period. Financial Gravity Companies Inc. bought a new stake in shares of Nice during the 4th quarter valued at about $40,000. We Are One Seven LLC bought a new stake in shares of Nice during the 4th quarter valued at about $41,000. Finally, Whittier Trust Co. grew its stake in shares of Nice by 124.7% during the 4th quarter. Whittier Trust Co. now owns 427 shares of the technology company’s stock valued at $46,000 after purchasing an additional 237 shares during the period. 45.18% of the stock is owned by hedge funds and other institutional investors.
Nice Company Profile
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.
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