In a report released yesterday, Gary Prestopino from Barrington maintained a Buy rating on NIC Inc (EGOV). The company’s shares closed yesterday at $16.43.
According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -1.6% and a 42.5% 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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NIC Inc’s market cap is currently $1.1B and has a P/E ratio of 20.46. The company has a Price to Book ratio of 5.02.
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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.
