Cardtronics PLC (NASDAQ:CATM) had its target price reduced by equities researchers at Bank of America Corporation from $48.00 to $40.00 in a report released on Friday, The Fly reports. The brokerage currently has a “neutral” rating on the business services provider’s stock. Bank of America Corporation’s price objective points to a potential upside of 21.65% from the company’s current price.

Several other equities analysts have also weighed in on CATM. Lake Street Capital began coverage on Cardtronics PLC in a research note on Monday, June 19th. They issued a “buy” rating and a $46.00 price target for the company. BidaskClub lowered Cardtronics PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, June 23rd. ValuEngine lowered Cardtronics PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. TheStreet lowered Cardtronics PLC from a “b” rating to a “c+” rating in a research note on Monday, May 8th. Finally, Zacks Investment Research lowered Cardtronics PLC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 9th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $46.17.

Shares of Cardtronics PLC (NASDAQ CATM) opened at 32.88 on Friday. The stock has a market cap of $1.50 billion, a PE ratio of 21.05 and a beta of 0.76. The company’s 50 day moving average price is $33.81 and its 200 day moving average price is $44.43. Cardtronics PLC has a 52-week low of $31.56 and a 52-week high of $56.00.

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In other news, insider Gerardo Garcia sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $33.81, for a total value of $101,430.00. Following the completion of the sale, the insider now directly owns 3,743 shares in the company, valued at $126,550.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jonathan Simpson-Dent sold 18,721 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $34.24, for a total value of $641,007.04. Following the completion of the sale, the insider now owns 16,792 shares of the company’s stock, valued at $574,958.08. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,546 shares of company stock valued at $770,512. 1.20% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the stock. California State Teachers Retirement System raised its stake in Cardtronics PLC by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 83,133 shares of the business services provider’s stock worth $2,797,000 after buying an additional 1,278 shares during the period. James Investment Research Inc. raised its stake in Cardtronics PLC by 143.5% in the fourth quarter. James Investment Research Inc. now owns 84,040 shares of the business services provider’s stock worth $2,828,000 after buying an additional 49,530 shares during the period. AMI Asset Management Corp raised its stake in Cardtronics PLC by 7.2% in the fourth quarter. AMI Asset Management Corp now owns 407,886 shares of the business services provider’s stock worth $13,725,000 after buying an additional 27,381 shares during the period. Nationwide Fund Advisors raised its stake in Cardtronics PLC by 12.8% in the fourth quarter. Nationwide Fund Advisors now owns 56,439 shares of the business services provider’s stock worth $1,899,000 after buying an additional 6,408 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its stake in Cardtronics PLC by 2.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 44,964 shares of the business services provider’s stock worth $1,513,000 after buying an additional 1,059 shares during the period.

Cardtronics PLC Company Profile

Cardtronics plc, formerly Cardtronics, Inc, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Company’s operations consists of its North America, Europe, and Corporate & Other segments. Its ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment.

The Fly

Analyst Recommendations for Cardtronics PLC (NASDAQ:CATM)

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