Noble Financial Thinks Information Services Group’s Stock is Going to Recover


Noble Financial analyst Michael Kupinski maintained a Buy rating on Information Services Group (III) on March 25 and set a price target of $5.25. The company’s shares closed yesterday at $3.80, close to its 52-week low of $3.51.

According to TipRanks.com, Kupinski is a 1-star analyst with an average return of -3.1% and a 42.0% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, Tribune Publishing Co, and 1-800 Flowers.com.

Information Services Group has an analyst consensus of Moderate Buy, with a price target consensus of $4.92, a 29.5% upside from current levels. In a report issued on March 13, B.Riley FBR also reiterated a Buy rating on the stock with a $6.50 price target.

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Information Services Group’s market cap is currently $172.6M and has a P/E ratio of 31.75. The company has a Price to Book ratio of 2.20.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of III in relation to earlier this year.

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.

Information Services Group, Inc. engages in the provision of sourcing advisory services. It operaets through the following geographical segments: Americas, Europe, and Asia Pacific.

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