Absolute Software (ALSWF) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Absolute Software (NASDAQ:ALSWF) have earned a consensus recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $6.67.
ALSWF has been the topic of several research reports. Zacks Investment Research upgraded shares of Absolute Software from a “hold” rating to a “buy” rating and set a $6.50 price target on the stock in a research note on Wednesday, August 30th. Canaccord Genuity downgraded shares of Absolute Software from a “buy” rating to a “hold” rating in a research note on Friday, August 18th.
Absolute Software (NASDAQ:ALSWF) opened at 6.51 on Wednesday. The company’s market capitalization is $257.65 million. Absolute Software has a 12-month low of $4.35 and a 12-month high of $6.97. The stock’s 50 day moving average is $6.39 and its 200-day moving average is $6.10.
Absolute Software (NASDAQ:ALSWF) last released its quarterly earnings results on Thursday, August 17th. The industrial products company reported ($0.05) EPS for the quarter. The company had revenue of $23.18 million for the quarter, compared to analyst estimates of $23.91 million.
Absolute Software Company Profile
Receive News & Ratings for Absolute Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Absolute Software and related companies with MarketBeat.com's FREE daily email newsletter.