Roth Capital analyst Darren Aftahi maintained a Buy rating on ICLICK INTERACTIVE ASIA GROUP LTD (ICLK) yesterday and set a price target of $8. The company’s shares closed yesterday at $4.40.
Aftahi noted:
“We recently met with ICLK’s CFO Terrence Li at our conference. Our key takeaways are summarized in our full report.”
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 13.3% and a 55.4% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ICLICK INTERACTIVE ASIA GROUP LTD with a $8 average price target.
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Based on ICLICK INTERACTIVE ASIA GROUP LTD’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $21.63 million. In comparison, last year the company had a GAAP net loss of $12.22 million.
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iClick Interactive Asia Group Ltd. is a holding company, which engages in the development of online marketing technology platform. Its solutions are integrated in a single platform that include audience identification; audience engagement and activation; campaign results monitoring and measurement; and content creation solutions.
