Robert W. Baird analyst David Koning reiterated a Hold rating on CPI Card Group Inc (NASDAQ: PMTS) on November 7 and set a price target of $1. The company’s shares closed yesterday at $0.91, close to its 52-week low of $0.86.
According to TipRanks.com, Koning is a top 100 analyst with an average return of 17.2% and a 85.9% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Sykes Enterprises Inc.
CPI Card Group Inc has an analyst consensus of Hold, with a price target consensus of $1.
The company has a one-year high of $5.10 and a one-year low of $0.86. Currently, CPI Card Group Inc has an average volume of 546.4K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PMTS in relation to earlier this year.
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CPI Card Group, Inc. engages in the provision of financial payment card solutions business. It operates through the following segments: U.S. Debit and Credit; U.S. Prepaid Debit; U.K. Limited, and Other. The U.S. Debit and Credit segment involves in producing financial payment cards and integrated card services to card-issuing banks. The U.S.