Asure Software (ASUR) Earns Buy Rating from Dougherty & Co
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.
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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.
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