Verint Systems (NASDAQ:VRNT) Rating Reaffirmed
Equities researchers at Imperial Capital now has a $55.0 target on Verint Systems (NASDAQ:VRNT). Imperial Capital and their recent target would possibly suggest a potential upside of 37.50% from the company’s last stock price. The rating has been shown in an interesting research report on 4 December.
From a total of 7 analysts covering Verint Systems (NASDAQ:VRNT) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $65 while the lowest target price is $45. The mean of all analyst targets is $54.57 with a 44.28% above today’s ($40) stock price. Verint Systems was the topic of 15 analyst reports since September 3, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 3 with “Buy” rating. Imperial Capital maintained shares with “Outperform” rating and $60 target share price in a report from an October 8. Oppenheimer maintained VRNT stock in a recent report from December 3 with “Outperform” rating. Credit Suisse maintained the rating on September 3. Credit Suisse has a “Outperform” rating and a $60 price target on shares. Finally, FBR Capital maintained the stock with “Outperform” rating in a report issued on a December 3.
The stock decreased 13.90% or $6.46 on December 3, striking $40. Approximately shares of stock traded hands. Verint Systems Inc. (NASDAQ:VRNT) has declined 35.06% since May 1, 2015 and is downtrending. It has underperformed by 32.28% the S&P500.
Verint Systems Inc. is a company engaged in Actionable Intelligence solutions. The company has a market cap of $2.49 billion. The Company’s Actionable Intelligence solutions address: Customer Engagement Optimization; Security Intelligence; and Fraud, Risk and Compliance. It has 541.86 P/E ratio. The Firm offers services, such as strategic consulting, implementation services, training, maintenance and 24 x 7 support, as well as deployment models, including on premises, hosted, managed services and software as a service .
According to Zacks Investment Research, “Verint Systems Inc. is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence.” Get a free copy of the Zacks research report on Verint Systems Inc. (VRNT).