Barrington analyst Gary Prestopino maintained a Buy rating on NIC Inc (EGOV) today and set a price target of $26. The company’s shares closed on Friday at $18.44, close to its 52-week high of $18.50.
Prestopino wrote:
“We believe that Q2/19 will be within the range of analyst expectations.”
According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -0.6% and a 45.3% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NIC Inc with a $22 average price target.
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The company has a one-year high of $18.50 and a one-year low of $11.76. Currently, NIC Inc has an average volume of 365.8K.
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NIC, Inc. is a digital government services, which through its subsidiaries, engages in the provision of digital government solutions and secure payment processing. It operates through Outsourced Portals and Other Software and Services segments.
