Asure Software (NASDAQ:ASUR)‘s stock had its “buy” rating restated by equities research analysts at Dougherty & Co in a report released on Wednesday. They presently have a $18.00 price objective on the technology company’s stock, up from their prior price objective of $17.00. Dougherty & Co’s price objective points to a potential upside of 19.84% from the company’s current price.

A number of other brokerages have also commented on ASUR. Canaccord Genuity reaffirmed a “buy” rating and set a $18.00 price objective on shares of Asure Software in a research report on Tuesday, October 17th. Cowen upped their price objective on shares of Asure Software from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Tuesday, December 19th. Northland Securities reissued a “buy” rating and issued a $18.00 price target on shares of Asure Software in a research report on Thursday, September 21st. Scotiabank lowered shares of Asure Software from an “outperform” rating to a “sector perform” rating in a research report on Thursday, September 7th. Finally, Zacks Investment Research raised shares of Asure Software from a “sell” rating to a “hold” rating in a research report on Tuesday. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Asure Software has an average rating of “Buy” and a consensus price target of $17.57.

Asure Software (ASUR) traded up $0.06 during mid-day trading on Wednesday, reaching $15.02. 54,161 shares of the company’s stock were exchanged, compared to its average volume of 136,550. The company has a market capitalization of $186.88, a PE ratio of -38.51, a price-to-earnings-growth ratio of 0.75 and a beta of 1.21. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.39 and a quick ratio of 1.37. Asure Software has a one year low of $8.43 and a one year high of $17.27.

Hedge funds have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Asure Software during the third quarter worth $135,000. Northern Trust Corp raised its holdings in shares of Asure Software by 37.8% during the second quarter. Northern Trust Corp now owns 24,419 shares of the technology company’s stock worth $357,000 after acquiring an additional 6,692 shares during the period. Monarch Partners Asset Management LLC raised its holdings in shares of Asure Software by 161.7% during the third quarter. Monarch Partners Asset Management LLC now owns 43,490 shares of the technology company’s stock worth $540,000 after acquiring an additional 26,870 shares during the period. Navellier & Associates Inc raised its holdings in shares of Asure Software by 13.1% during the second quarter. Navellier & Associates Inc now owns 49,953 shares of the technology company’s stock worth $730,000 after acquiring an additional 5,775 shares during the period. Finally, Dimensional Fund Advisors LP acquired a new stake in Asure Software in the 1st quarter valued at $519,000. 46.61% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: “Asure Software (ASUR) Earns Buy Rating from Dougherty & Co” was reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally copied and republished in violation of US & international copyright & trademark laws. The legal version of this story can be accessed at https://www.americanbankingnews.com/2018/01/03/asure-software-asur-earns-buy-rating-from-dougherty-co.html.

About Asure Software

Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.

Analyst Recommendations for Asure Software (NASDAQ:ASUR)

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