Verint Systems (NASDAQ:VRNT) Rating Reaffirmed
In analysts note published this morning, RBC Capital Mkts has restated their “Outperform” rating on Verint Systems (NASDAQ:VRNT) shares. The target price would indicate a possible upside of 11.92% from firm’s last stock close.
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 $69 while the lowest target price is $60. The mean of all analyst targets is $63.57 with a 39.91% above today’s ($46.46) stock price. Verint Systems was the topic of 10 analyst reports since September 3, 2015 according to the firm StockzIntelligence Inc. Imperial Capital maintained shares on October 8 with “Outperform” rating. FBR Capital maintained shares with “Outperform” rating and $63.0 target share price in a report from a September 3. Deutsche Bank maintained VRNT stock in a recent report from September 6 with “Buy” rating. Finally, Oppenheimer maintained the stock with “Outperform” rating in a report issued on a September 3.
The stock decreased 0.96% or $0.45 during the last trading session, striking $46.46. Approximately 700 shares of stock traded hands. Verint Systems Inc. (NASDAQ:VRNT) has declined 24.37% since April 30, 2015 and is downtrending. It has underperformed by 24.08% the S&P500.
Verint Systems Inc. is a company engaged in Actionable Intelligence solutions. The company has a market cap of $2.91 billion. The Company’s Actionable Intelligence solutions address: Customer Engagement Optimization; Security Intelligence; and Fraud, Risk and Compliance. It has 802.14 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).