Cardtronics (CATM) Receives a Buy from Barrington


In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Cardtronics (CATM), with a price target of $45. The company’s shares opened today at $30.38.

Prestopino commented:

“We have on OUTPERFORM investment rating on the shares with a $45 price target.”

According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -1.5% and a 36.9% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Payment Data Systems Inc, and US Auto Parts Network.

Cardtronics has an analyst consensus of Strong Buy, with a price target consensus of $41.67.

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Based on Cardtronics’ latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $4.32 million. In comparison, last year the company had a GAAP net loss of $2.77 million.

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Cardtronics plc engages in the provision of automated consumer financial services through automated teller machines and multi-function financial services kiosks. It operates through the following segments: North America, Europe & Africa, and Australia & New Zealand.

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