In a report issued on November 19, William Gibson from Roth Capital reiterated a Buy rating on Pointer Telocation Ltd (PNTR), with a price target of $16.30. The company’s shares closed on Wednesday at $11.80, close to its 52-week low of $10.25.
Gibson has an average return of 14.2% when recommending Pointer Telocation Ltd.
According to TipRanks.com, Gibson is ranked #4985 out of 5129 analysts.
Currently, the analyst consensus on Pointer Telocation Ltd is a Moderate Buy with an average price target of $20.40, representing a 72.9% upside. In a report issued on November 16, H.C. Wainwright also reiterated a Buy rating on the stock with a $24.50 price target.
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The company has a one-year high of $19.65 and a one-year low of $10.25. Currently, Pointer Telocation Ltd has an average volume of 13.05K.
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Pointer Telocation Ltd. engages in mobile resource management products and services. It operates through the following segments: Mobile Resource Management (MRM), Roadside Assistance Services, and Cellocator. The MRM segment offers asset tracking services, fleet management services, and stolen vehicle retrieval services.
