Nice (NASDAQ:NICE) had its price target raised by Oppenheimer from $125.00 to $145.00 in a report released on Wednesday, The Fly reports. Oppenheimer currently has an outperform rating on the technology company’s stock.
Several other research analysts have also commented on NICE. Zacks Investment Research raised shares of Nice from a sell rating to a hold rating in a report on Wednesday. BidaskClub raised shares of Nice from a hold rating to a buy rating in a report on Monday, April 1st. Jefferies Financial Group lifted their price target on shares of Nice from $134.00 to $149.00 and gave the company a buy rating in a report on Wednesday. ValuEngine lowered shares of Nice from a strong-buy rating to a buy rating in a report on Thursday, February 7th. Finally, Morgan Stanley lifted their price target on shares of Nice from $107.00 to $117.00 and gave the company an equal weight rating in a report on Monday, January 7th. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and a consensus target price of $131.70.
Shares of NICE stock opened at $133.70 on Wednesday. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 48.27, a P/E/G ratio of 3.02 and a beta of 0.82. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.23. Nice has a 1-year low of $93.05 and a 1-year high of $133.83.
A number of large investors have recently modified their holdings of NICE. SG Americas Securities LLC bought a new stake in Nice in the 3rd quarter valued at about $465,000. BlackRock Inc. bought a new stake in Nice in the 3rd quarter valued at about $1,510,000. FMR LLC lifted its position in Nice by 25.1% in the 3rd quarter. FMR LLC now owns 392,654 shares of the technology company’s stock valued at $44,947,000 after purchasing an additional 78,885 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Nice by 0.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 119,746 shares of the technology company’s stock valued at $13,707,000 after purchasing an additional 1,054 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its position in Nice by 15.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 5,968 shares of the technology company’s stock valued at $683,000 after purchasing an additional 809 shares during the last quarter. Hedge funds and other institutional investors own 45.18% of the company’s stock.
Nice Company Profile
NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and optimize business performance and ensure compliance.
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