Northland Securities analyst Tim Klasell maintained a Buy rating on Agilysys (AGYS) today and set a price target of $26. The company’s shares closed yesterday at $20.41, close to its 52-week high of $21.38.
Klasell commented:
“We note a full product pipeline for the year and a steady move to SaaS indicating a business that is executing.”
According to TipRanks.com, Klasell is a 5-star analyst with an average return of 19.3% and a 71.1% success rate. Klasell covers the Technology sector, focusing on stocks such as ServiceSource International Inc, Tyler Technologies, and Zix Corporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Agilysys with a $25.50 average price target, a 24.9% upside from current levels. In a report issued on May 7, Maxim Group also maintained a Buy rating on the stock with a $25 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $21.38 and a one-year low of $12.36. Currently, Agilysys has an average volume of 80.43K.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock.
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.
Agilysys, Inc. is a technology company. It offers innovative software for point-of-sale, payment gateway, reservation and table management, guest offers management, property management, inventory and procurement, analytics, document management, and mobile and wireless solutions and services to the hospitality industry.
