In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on ICLICK INTERACTIVE ASIA GROUP LTD (ICLK), with a price target of $8. The company’s shares opened today at $3.85, close to its 52-week low of $2.72.
Aftahi observed:
“We’ve level set our FY19 revenue, margin, and cost assumptions, with revised $8 PT.”
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 8.4% and a 49.7% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.
Currently, the analyst consensus on ICLICK INTERACTIVE ASIA GROUP LTD is a Moderate Buy with an average price target of $8.
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The company has a one-year high of $11.40 and a one-year low of $2.72. Currently, ICLICK INTERACTIVE ASIA GROUP LTD has an average volume of 156K.
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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.
