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Stock analysts at RBC Capital lowered their price target on shares of SMART Technologies (NYSE:SMT) from $3.75 to $3.00 in a report issued on Friday. RBC Capital’s target price suggests a potential upside of 66.67% from the company’s current price.

SMART Technologies (NYSE:SMT) traded down 18.55% on Friday, hitting $1.80. The stock had a trading volume of 1,076,008 shares. SMART Technologies has a 52 week low of $1.87 and a 52 week high of $5.28. The stock has a 50-day moving average of $2.53 and a 200-day moving average of $3.23. The company has a market cap of $218.2 million and a price-to-earnings ratio of 13.81.

SMART Technologies (NYSE:SMT) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.03) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.06) by $0.03. The company had revenue of $124.20 million for the quarter, compared to the consensus estimate of $117.80 million. Analysts expect that SMART Technologies will post $0.08 EPS for the current fiscal year.

A number of other firms have also recently commented on SMT. Analysts at Zacks downgraded shares of SMART Technologies from a “neutral” rating to an “underperform” rating in a research note on Monday. They now have a $2.30 price target on the stock. Analysts at CIBC cut their price target on shares of SMART Technologies from $6.50 to $5.25 in a research note on Tuesday, May 20th. They now have a “sector outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. SMART Technologies currently has a consensus rating of “Hold” and an average price target of $3.18.

SMART Technologies Inc (NYSE:SMT) through its wholly owned subsidiary, SMART Technologies ULC (ULC) and its subsidiaries, the Company designs, develops and sells interactive technology products and integrated solutions that enhance learning.

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