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In a report released today, Vincent Colicchio from Barrington assigned a Buy rating to Atento (NYSE: ATTO), with a price target of $14. The company’s shares closed yesterday at $7.60, close to its 52-week low of $6.68.
According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 7.3% and a 58.1% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Convergys Corp.
Atento has an analyst consensus of Moderate Buy, with a price target consensus of $13.
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The company has a one-year high of $12.90 and a one-year low of $6.68. Currently, Atento has an average volume of 115.2K.
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Atento SA engages in the provision of customer relationship management business process outsourcing services and solutions. The company also provides front-end and back-end services ranging from sales, applications processing, customer care, and credit management. Atento was founded in 1999 and is headquartered in Luxembourg.
