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Zebra Technologies Corp. (NASDAQ:ZBRA) was downgraded by analysts at Imperial Capital from an “outperform” rating to an “in-line” rating in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports. They currently have a $85.00 price objective on the stock. Imperial Capital’s target price suggests a potential upside of 0.33% from the company’s current price.

The analysts wrote, “outperform” to “in-line.”

Other equities research analysts have also recently issued reports about the stock. Analysts at Northcoast Research downgraded shares of Zebra Technologies Corp. from a “buy” rating to a “neutral” rating in a research note on Friday, June 13th. Analysts at Sidoti initiated coverage on shares of Zebra Technologies Corp. in a research note on Monday, April 14th. They set a “buy” rating on the stock. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $65.85.

Zebra Technologies Corp. (NASDAQ:ZBRA) opened at 84.72 on Tuesday. Zebra Technologies Corp. has a 52-week low of $43.92 and a 52-week high of $87.53. The stock’s 50-day moving average is $77.8 and its 200-day moving average is $67.09. The company has a market cap of $4.277 billion and a P/E ratio of 28.52.

Zebra Technologies Corp. (NASDAQ:ZBRA) last announced its earnings results on Tuesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.90 by $0.01. The company had revenue of $288.30 million for the quarter, compared to the consensus estimate of $287.03 million. During the same quarter last year, the company posted $0.50 earnings per share. Zebra Technologies Corp.’s revenue was up 21.7% compared to the same quarter last year. On average, analysts predict that Zebra Technologies Corp. will post $3.59 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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