Barrington Keeps Their Buy Rating on Asure (ASUR)


Barrington analyst Vincent Colicchio maintained a Buy rating on Asure (NASDAQ: ASUR) today and set a price target of $25. The company’s shares opened today at $15.74.

Colicchio commented:

“We are maintaining our 2018 and 2019 non- GAAP EPS forecasts of $0.74 and $0.90, respectively.”

According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 4.4% and a 54.4% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Convergys Corp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Asure with a $22.40 average price target.

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The company has a one-year high of $19.78 and a one-year low of $9.89. Currently, Asure has an average volume of 233K.

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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.

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