Citigroup analyst Siraj Ahmed maintained a Buy rating on Nearmap Ltd. (NEAPF – Research Report) today and set a price target of AUD1.90. The company’s shares closed last Friday at $0.84.
According to TipRanks, Ahmed is an analyst with an average return of -22.3% and a 32.56% success rate. Ahmed covers the Technology sector, focusing on stocks such as Appen Ltd., Xero Limited, and Megaport Ltd..
Currently, the analyst consensus on Nearmap Ltd. is a Moderate Buy with an average price target of $1.19.
See the top stocks recommended by analysts >>
The company has a one-year high of $1.74 and a one-year low of $0.64. Currently, Nearmap Ltd. has an average volume of 300.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Nearmap Ltd is an Australia based company that provides geospatial map technology, offering high quality, current and changing PhotoMaps for government and corporate customers through its online-based mapping content. Its solutions are used in the architecture and engineering, construction, insurance, rail, property, roofing, and solar, as well as government industries. It has two geographical segments: Australia and New Zealand, which are the key revenue drivers; and North America.
Read More on NEAPF:
- Aurizon Holdings Ltd. (QRNNF) Receives a Hold from Citigroup
- Morgan Stanley upgrades Incitec Pivot Limited (ICPVF) to a Buy
- Macquarie Sticks to Their Buy Rating for Santos Limited (STOSF)
- Citigroup Sticks to Their Hold Rating for Ramsay Health Care (RMSYF)
- Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Ingersoll Rand (IR), Cactus (WHD) and Aris Water Solutions (ARIS)
