Needham analyst Mayank Tandon reiterated a Buy rating on Sapiens International Corporation (NASDAQ: SPNS) yesterday and set a price target of $14. The company’s shares closed yesterday at $10.83.
According to TipRanks.com, Tandon is a 5-star analyst with an average return of 19.8% and a 68.6% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Exlservice Holdings, and Euronet Worldwide.
Sapiens International Corporation has an analyst consensus of Hold, with a price target consensus of $9.50.
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The company has a one-year high of $14.30 and a one-year low of $8.01. Currently, Sapiens International Corporation has an average volume of 17.49K.
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Sapiens International Corp. NV engages in the provision of software solutions for the insurance industry. It offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software.