H.C. Wainwright analyst Kevin Dede maintained a Buy rating on SuperCom (NASDAQ: SPCB) today and set a price target of $5. The company’s shares closed yesterday at $1.97, close to its 52-week low of $1.53.
According to TipRanks.com, Dede is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -10.8% and a 34.1% success rate. Dede covers the Consumer Goods sector, focusing on stocks such as Top Image Systems, Microvision, and Resonant.
Currently, the analyst consensus on SuperCom is a Moderate Buy with an average price target of $5.
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The company has a one-year high of $4.95 and a one-year low of $1.53. Currently, SuperCom has an average volume of 182.2K.
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SuperCom Ltd. engages in the provision of traditional and digital identity solutions. It offers identification, tracking, and security products to governments and private and public organization.
