After Needham and Cowen & Co. gave Asure (NASDAQ: ASUR) a Buy rating last month, the company received another Buy, this time from Barrington. Analyst Vincent Colicchio maintained a Buy rating on Asure today and set a price target of $15.00. The company’s shares closed last Monday at $8.30.
According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 1.5% and a 58.8% success rate. Colicchio covers the Technology sector, focusing on stocks such as Exlservice Holdings, Sykes Enterprises, and Computer Task.
Asure has an analyst consensus of Strong Buy, with a price target consensus of $11.80, representing a 43.0% upside. In a report released today, Needham also reiterated a Buy rating on the stock with a $11.00 price target.
The company has a one-year high of $10.25 and a one-year low of $4.26. Currently, Asure has an average volume of 374.7K.
Based on the recent corporate insider activity of 8 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 ASUR in relation to earlier this year.
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.
Asure Software, Inc. engages in the provision of workforce management software solutions and services. It offers cloud-based software-as-a-service solutions under the AsureSpace and AsureForce brands. The company was founded in 1985 and is headquartered in Austin, TX.