Wedbush reiterated their buy rating on shares of Nice (NASDAQ:NICE) in a research note published on Thursday, AnalystRatings.com reports. They currently have a $160.00 price target on the technology company’s stock.
Several other brokerages also recently commented on NICE. Barclays increased their target price on Nice from $124.00 to $150.00 and gave the company an equal weight rating in a research note on Wednesday, April 24th. JMP Securities reissued an outperform rating and set a $140.00 price target (up from $120.00) on shares of Nice in a report on Monday, April 22nd. ValuEngine cut Nice from a strong-buy rating to a buy rating in a report on Thursday, February 7th. reissued a buy rating and set a $125.00 price objective on shares of Nice in a research note on Thursday, February 14th. Finally, JPMorgan Chase & Co. upgraded Nice from a neutral rating to an overweight rating and boosted their target price for the company from $125.00 to $150.00 in a research report on Thursday, April 18th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Nice currently has a consensus rating of Buy and an average target price of $142.67.
NASDAQ NICE traded up $1.16 during trading on Thursday, reaching $145.06. The company’s stock had a trading volume of 3,048 shares, compared to its average volume of 199,653. Nice has a one year low of $100.54 and a one year high of $144.81. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $8.11 billion, a P/E ratio of 37.65, a P/E/G ratio of 3.01 and a beta of 0.86.
Several large investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. boosted its position in shares of Nice by 2.3% during the 1st quarter. Advisors Asset Management Inc. now owns 5,489 shares of the technology company’s stock worth $672,000 after purchasing an additional 124 shares during the period. Moors & Cabot Inc. boosted its position in Nice by 5.5% in the 1st quarter. Moors & Cabot Inc. now owns 2,638 shares of the technology company’s stock valued at $323,000 after buying an additional 138 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Nice by 64.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the technology company’s stock valued at $45,000 after buying an additional 143 shares during the period. Citigroup Inc. boosted its position in Nice by 1.1% in the 4th quarter. Citigroup Inc. now owns 15,143 shares of the technology company’s stock valued at $1,639,000 after buying an additional 168 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in Nice by 7.5% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,419 shares of the technology company’s stock valued at $298,000 after buying an additional 169 shares during the period. 45.03% of the stock is owned by hedge funds and other institutional investors.
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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