In a report released today, Tim Long from BMO Capital maintained a Hold rating on Ubiquiti Networks (NASDAQ: UBNT). The company’s shares opened today at $81.26.
According to TipRanks.com, Long is a 5-star analyst with an average return of 21.6% and a 70.4% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Comtech Telecommunications, Motorola Solutions, and BlackBerry Limited.
Currently, the analyst consensus on Ubiquiti Networks is a Hold with an average price target of $73.
See today’s analyst top recommended stocks >>
The company has a one-year high of $89.99 and a one-year low of $47.78. Currently, Ubiquiti Networks has an average volume of 346.4K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ubiquiti Networks, Inc. engages in the development of networking technology for service providers and enterprises. It offers platforms that provides carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, routing, wireless local-area network infrastructure, video surveillance products, switching and routing solutions, and machine-to-machine communication components. The company was founded by Robert J. Pera in September 2003 and is headquartered in San Jose, CA.
