Ubiquiti Networks (UBNT) Gets a Hold Rating from Deutsche Bank


In a report released today, Vijay Bhagavath from Deutsche Bank maintained a Hold rating on Ubiquiti Networks (UBNT), with a price target of $75. The company’s shares closed on Friday at $124.53, close to its 52-week high of $128.84.

According to TipRanks.com, Bhagavath is a 5-star analyst with an average return of 10.3% and a 61.4% success rate. Bhagavath covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Juniper Networks, and Viavi Solutions.

Currently, the analyst consensus on Ubiquiti Networks is a Hold with an average price target of $96.67, representing a -22.4% downside. In a report released today, BMO Capital also maintained a Hold rating on the stock with a $120 price target.

See today’s analyst top recommended stocks >>

Ubiquiti Networks’ market cap is currently $9.07B and has a P/E ratio of 45.09. The company has a Price to Book ratio of 33.52.

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 provision of equipment and related software services. It focuses on high performance proprietary technology; price disruptive offering; and integrated and easy to deploy and manage solutions.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts