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Ladenburg Reiterates Their Buy Rating on Amber Road (AMBR)


In a report released today, Glenn G Mattson from Ladenburg reiterated a Buy rating on Amber Road (AMBR), with a price target of $14. The company’s shares opened today at $9.30.

According to TipRanks.com, Mattson is a 4-star analyst with an average return of 11.0% and a 50.9% success rate. Mattson covers the Technology sector, focusing on stocks such as Brightcove Inc, Datawatch Corp, and Attunity Ltd.

Amber Road has an analyst consensus of Moderate Buy, with a price target consensus of $14.

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The company has a one-year high of $10.41 and a one-year low of $6.14. Currently, Amber Road has an average volume of 128K.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. Most recently, in September 2018, Thomas Conway, the CFO of AMBR sold 33,400 shares for a total of $313,074.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Amber Road, Inc. provides cloud-based global trade management solutions. Its software plans, optimizes, and executes all aspects of global trade.