Northland Securities Believes Intellicheck Mobilisia (IDN) Won’t Stop Here


Northland Securities analyst Michael Grondahl maintained a Buy rating on Intellicheck Mobilisia (IDN) today and set a price target of $6. The company’s shares closed yesterday at $4.52, close to its 52-week high of $4.89.

Grondahl wrote:

“We are revisiting IDN after a 1Q19 earnings conference call that laid out continued progress on the pipeline. We believe IDN is set up well over the next couple years with software that can help fill a weak spot in the market of stopping fraudulent retail activity and the verification of identity for age purposes. Our price target goes to $6.00 and is based on 7.5x 2020E revenue.”

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 20.4% and a 60.6% success rate. Grondahl covers the Financial sector, focusing on stocks such as Front Yard Residential Corporation, Altisource Portfolio Solutions SA, and Health Insurance Innovations.

Intellicheck Mobilisia has an analyst consensus of Moderate Buy, with a price target consensus of $6.

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The company has a one-year high of $4.89 and a one-year low of $1.88. Currently, Intellicheck Mobilisia has an average volume of 35.94K.

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Intellicheck, Inc. engages in the development, integration, and marketing of identity authentication systems for various applications including mobile, handheld and integrated systems for the government, military and commercial markets.

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