Diebold Stock Rating Upgraded by Zacks (DBD)
Diebold (NYSE:DBD) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued on Friday, Analyst Ratings Network.com reports. The firm currently has a $34.80 price objective on the stock. Zacks‘ price objective suggests a potential upside of 7.57% from the stock’s previous close.
A number of other analysts have also recently weighed in on DBD. Analysts at KeyCorp upgraded shares of Diebold from a “hold” rating to a “buy” rating in a research note to investors on Monday, November 18th. They now have a $35.00 price target on the stock. Separately, analysts at Susquehanna cut their price target on shares of Diebold from $29.00 to $27.00 in a research note to investors on Thursday, November 14th. They now have a “neutral” rating on the stock. Finally, analysts at Compass Point downgraded shares of Diebold from a “neutral” rating to a “sell” rating in a research note to investors on Tuesday, October 15th. They now have a $23.00 price target on the stock, down previously from $25.00. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $29.54.
Shares of Diebold (NYSE:DBD) traded up 0.32% during mid-day trading on Friday, hitting $32.455. 139,251 shares of the company’s stock traded hands. Diebold has a 1-year low of $27.59 and a 1-year high of $35.40. The stock has a 50-day moving average of $32.70 and a 200-day moving average of $31.37. The company’s market cap is $2.072 billion.
Diebold (NYSE:DBD) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.42 by $0.14. The company had revenue of $705.42 million for the quarter, compared to the consensus estimate of $687.31 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis.
Diebold, Incorporated is engaged in providing integrated self-service delivery and security systems and services to the financial, commercial, government and retail markets.
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