Zebra Technologies Corp. PT Raised to $70.00 (ZBRA)
Research analysts at Imperial Capital increased their price target on shares of Zebra Technologies Corp. (NASDAQ:ZBRA) from $52.00 to $70.00 in a report released on Thursday, Analyst RN reports. The firm currently has an “in-line” rating on the stock. Imperial Capital’s price objective suggests a potential upside of 7.92% from the company’s current price.
ZBRA has been the subject of a number of other recent research reports. Analysts at Northcoast Research upgraded shares of Zebra Technologies Corp. from a “neutral” rating to a “buy” rating in a research note on Thursday, January 30th. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Zebra Technologies Corp. in a research note on Monday, December 23rd. They now have a $58.50 price target on the stock, up previously from $57.00. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Zebra Technologies Corp. presently has an average rating of “Hold” and a consensus target price of $56.93.
Zebra Technologies Corp. (NASDAQ:ZBRA) traded up 0.97% on Thursday, hitting $65.492. The stock had a trading volume of 253,805 shares. Zebra Technologies Corp. has a 1-year low of $42.51 and a 1-year high of $64.99. The stock’s 50-day moving average is $54.52 and its 200-day moving average is $50.08. The company has a market cap of $3.292 billion and a price-to-earnings ratio of 26.00.
Zebra Technologies Corp. (NASDAQ:ZBRA) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.05. The company had revenue of $284.50 million for the quarter, compared to the consensus estimate of $268.03 million. On average, analysts predict that Zebra Technologies Corp. will post $3.06 earnings per share for the current fiscal year.
Zebra Technologies Corporation (NASDAQ:ZBRA) designs, manufactures and sells specialty printing devices that print variable information on demand at the point of issuance.
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