NIC Inc (EGOV) Gets a Hold Rating from Barrington


In a report released today, Gary Prestopino from Barrington maintained a Hold rating on NIC Inc (EGOV). The company’s shares opened today at $13.73.

According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.9% and a 42.7% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Ritchie Bros.

Currently, the analyst consensus on NIC Inc is a Hold with an average price target of $15, which is a 9.2% upside from current levels. In a report released today, Loop Capital Markets also maintained a Hold rating on the stock with a $15 price target.

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The company has a one-year high of $18.90 and a one-year low of $12.65. Currently, NIC Inc has an average volume of 537K.

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NIC, Inc. engages in the provision of digital Government services to the government institutions and provides portal business and also maintains long-term contracts with state and local governments and designs, builds, and operates Internet-based, enterprise-wide portals on their behalf.

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