Shares of Nice Ltd (NASDAQ:NICE) have been given an average recommendation of “Hold” by the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $84.00.

NICE has been the topic of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $80.00 target price on shares of Nice in a research note on Monday, August 21st. Jefferies Group raised their target price on shares of Nice from $84.00 to $87.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Citigroup raised their target price on shares of Nice from $83.00 to $93.00 and gave the company a “neutral” rating in a research note on Friday, November 3rd. J P Morgan Chase & Co downgraded shares of Nice from an “overweight” rating to a “neutral” rating in a research note on Friday, November 3rd. Finally, Chardan Capital downgraded shares of Nice from a “buy” rating to a “neutral” rating and set a $91.00 target price on the stock. in a research note on Monday, November 6th.

Hedge funds and other institutional investors have recently modified their holdings of the business. Iberiabank Corp bought a new position in Nice during the third quarter valued at approximately $270,000. Eagle Boston Investment Management Inc. grew its position in Nice by 19.1% during the second quarter. Eagle Boston Investment Management Inc. now owns 4,200 shares of the technology company’s stock valued at $330,000 after acquiring an additional 674 shares during the last quarter. Ameriprise Financial Inc. grew its position in Nice by 16.9% during the second quarter. Ameriprise Financial Inc. now owns 5,014 shares of the technology company’s stock valued at $395,000 after acquiring an additional 724 shares during the last quarter. Eaton Vance Management bought a new position in Nice during the second quarter valued at approximately $426,000. Finally, Russell Investments Group Ltd. grew its position in Nice by 22.8% during the third quarter. Russell Investments Group Ltd. now owns 5,460 shares of the technology company’s stock valued at $444,000 after acquiring an additional 1,013 shares during the last quarter. Institutional investors and hedge funds own 45.10% of the company’s stock.

Shares of Nice (NICE) traded down $0.55 on Thursday, reaching $88.00. 174,783 shares of the company were exchanged, compared to its average volume of 162,136. The stock has a market capitalization of $5,343.89, a P/E ratio of 35.60, a P/E/G ratio of 4.94 and a beta of 0.90. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.28 and a quick ratio of 1.28. Nice has a 1-year low of $65.59 and a 1-year high of $89.80.

TRADEMARK VIOLATION NOTICE: “Nice Ltd (NICE) Receives Average Rating of “Hold” from Brokerages” was reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/07/nice-ltd-nice-receives-average-rating-of-hold-from-brokerages.html.

Nice Company Profile

NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.

Analyst Recommendations for Nice (NASDAQ:NICE)

Receive News & Ratings for Nice Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nice Ltd and related companies with MarketBeat.com's FREE daily email newsletter.