Verint Systems Inc (NASDAQ:VRNT) Rating Reaffirmed
They currently have a $52.00 target price on Verint Systems Inc (NASDAQ:VRNT). The target price by RBC Capital Markets would suggest a potential upside of 28.30% from the company’s closing share price. This has been revealed to investors in a very recent research note on 3 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 $69 while the lowest target price is $60. The mean of all analyst targets is $63.57 with a 60.45% above today’s ($40.51) 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.
Approximately 2.26M shares of stock traded hands or 370.71% up from the average. 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 $2.85 billion. The Company’s Actionable Intelligence solutions address: Customer Engagement Optimization; Security Intelligence; and Fraud, Risk and Compliance. It has 699.41 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).