In a report released yesterday, Richard Valera from Needham reiterated a Buy rating on KVH Industries (NASDAQ: KVHI), with a price target of $14. The company’s shares closed yesterday at $12.85.
According to TipRanks.com, Valera is a 4-star analyst with an average return of 8.1% and a 61.5% success rate. Valera covers the Consumer Goods sector, focusing on stocks such as Trimble Navigation Limited, Audiocodes Ltd, and Cadence Design.
Currently, the analyst consensus on KVH Industries is a Moderate Buy with an average price target of $13.50.
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The company has a one-year high of $14.15 and a one-year low of $9.05. Currently, KVH Industries has an average volume of 24.13K.
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KVH Industries, Inc. engages in the provision of internet, television, and voice services via satellite to mobile users at sea and on land. It operates through Mobile Connectivity and Inertial Navigation segments. the Mobile Connectivity segment comprises of satellite television, phone and internet solutions and media and content delivery solutions.
