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UBS AG cut their price objective on shares of Nice Systems Ltd (ADR) (NASDAQ:NICE) from $50.00 to $46.00 in a research note issued on Friday, AnalystRatings.Net reports. UBS AG’s target price indicates a potential upside of 20.01% from the company’s current price.

A number of other analysts have also recently weighed in on NICE. Analysts at CRT Capital downgraded shares of Nice Systems Ltd (ADR) from a “buy” rating to a “fair value” rating in a research note on Friday. They now have a $40.00 price target on the stock, down previously from $46.00. Separately, analysts at Imperial Capital raised their price target on shares of Nice Systems Ltd (ADR) from $43.00 to $48.00 in a research note on Wednesday, April 30th. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Nice Systems Ltd (ADR) from $46.00 to $49.00 in a research note on Tuesday, April 1st. They now have an “overweight” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $43.94.

Shares of Nice Systems Ltd (NASDAQ:NICE) opened at 38.33 on Friday. Nice Systems Ltd has a 52-week low of $35.97 and a 52-week high of $46.07. The stock has a 50-day moving average of $43.31 and a 200-day moving average of $40.72. The company has a market cap of $2.290 billion and a price-to-earnings ratio of 42.43.

Nice Systems Ltd (ADR) (NASDAQ:NICE) last announced its earnings results on Thursday, May 8th. The company reported $0.57 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.61 by $0.04. The company had revenue of $229.00 million for the quarter, compared to the consensus estimate of $235.77 million. During the same quarter last year, the company posted $0.61 earnings per share. Nice Systems Ltd (ADR)’s revenue was up 1.9% compared to the same quarter last year. On average, analysts predict that Nice Systems Ltd will post $2.77 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 10th. Shareholders of record on Tuesday, May 27th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.67%.

Nice Systems Ltd (NASDAQ:NICE) is a provider of solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance.

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