Compuware Price Target Cut to $0.90 by Analysts at Noble Financial (CPWR)
Noble Financial decreased their price objective on shares of Compuware (NASDAQ:CPWR) from $11.60 to $0.90 in a research note issued on Thursday. Noble Financial’s target price would suggest a potential downside of 90.06% from the stock’s previous close.
A number of other firms have also recently commented on CPWR. Analysts at Zacks reiterated a “neutral” rating on shares of Compuware in a research note on Monday, July 28th. They now have a $10.00 price target on the stock. Finally, analysts at TheStreet upgraded shares of Compuware from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th.
Compuware (NASDAQ:CPWR) traded down 0.55% during mid-day trading on Thursday, hitting $9.05. The stock had a trading volume of 1,946,876 shares. Compuware has a one year low of $8.99 and a one year high of $11.64. The stock has a 50-day moving average of $9.71 and a 200-day moving average of $10.17. The company has a market cap of $1.988 billion and a P/E ratio of 32.62.
Compuware (NASDAQ:CPWR) last announced its earnings results on Tuesday, July 29th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $164.50 million for the quarter, compared to the consensus estimate of $165.60 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, analysts predict that Compuware will post $0.44 earnings per share for the current fiscal year.
Compuware Corporation delivers services , software and practices that enables technologies to perform at their peak.
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