Intellicheck Mobilisia (IDN) Gets a Buy Rating from Northland Securities

In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Intellicheck Mobilisia (IDNResearch Report), with a price target of $11.50. The company’s shares closed last Tuesday at $9.60.

According to TipRanks.com, Grondahl is a top 100 analyst with an average return of 29.3% and a 61.8% success rate. Grondahl covers the Financial sector, focusing on stocks such as Altisource Portfolio Solutions SA, International Money Express, and WisdomTree Investments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intellicheck Mobilisia with a $14.75 average price target, a 46.6% upside from current levels. In a report issued on April 19, H.C. Wainwright also maintained a Buy rating on the stock with a $18.00 price target.

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The company has a one-year high of $15.45 and a one-year low of $5.60. Currently, Intellicheck Mobilisia has an average volume of 269.5K.

Based on the recent corporate insider activity of 17 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 IDN in relation to earlier this year.

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Intellicheck, Inc. engages in the development, integration, and marketing of identity authentication systems for various applications including mobile, handheld and integrated systems for the government, military and commercial markets. Its products include ID-Check, Retail ID, and Age ID, a patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from U.S. and Canadian jurisdictions. The company was founded in 1994 and is headquartered in Melville, NY.