LogMeIn (LOGM) Scheduled to Post Quarterly Earnings on Thursday
LogMeIn (NASDAQ:LOGM) will announce its earnings results on Thursday, February 13th. Investors that are interested in registering for the company’s conference call can do so using this link.
LogMeIn (NASDAQ:LOGM) opened at 31.91 on Wednesday. LogMeIn has a 52-week low of $16.12 and a 52-week high of $36.68. The stock has a 50-day moving average of $33.08 and a 200-day moving average of $31.67. The company’s market cap is $772.9 million.
On the ratings front, analysts at Cowen and Company downgraded shares of LogMeIn from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 22nd. They now have a $38.00 price target on the stock, up previously from $37.00. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. LogMeIn presently has a consensus rating of “Buy” and an average price target of $34.27.
LogMeIn, Inc (NASDAQ:LOGM) provides essential cloud-based collaboration, information technology (IT) management and customer service offerings aimed at addressing the evolving multi-device, security, management and accessibility requirements of the new mobile workplace.
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