Wedbush analyst Michael Pachter reiterated a Hold rating on GoPro (NASDAQ: GPRO) today and set a price target of $7. The company’s shares opened today at $6.35.
According to TipRanks.com, Pachter is a 3-star analyst with an average return of 1.0% and a 53.0% success rate. Pachter covers the Services sector, focusing on stocks such as AMC Entertainment, Pandora Media, and Best Buy Co.
Currently, the analyst consensus on GoPro is a Hold with an average price target of $6.67, a 5.0% upside from current levels. In a report issued on September 17, Oppenheimer also assigned a Hold rating to the stock.
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The company has a one-year high of $11.89 and a one-year low of $4.42. Currently, GoPro has an average volume of 3.3M.
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GoPro, Inc. engages in manufacturing and selling camera and camera accessories. The company provides mountable and wearable cameras and accessories, which refers as capture devices. Its product brands include Hero5, GoPro Plus, Quik, Capture, Karma, and Karma Grip. The company was founded by Nicholas Woodman in 2002 and is headquartered in San Mateo, CA.
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