Colliers Securities Maintains Their Buy Rating on Digi International (DGII)
Colliers Securities analyst Richard Ryan maintained a Buy rating on Digi International (DGII) today and set a price target of $25.50. The company’s shares closed last Tuesday at $17.66.
According to TipRanks.com, Ryan is a 4-star analyst with an average return of 16.6% and a 65.6% success rate. Ryan covers the Technology sector, focusing on stocks such as Allied Motion Technologies, Vishay Precision Group, and Ultra Clean Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Digi International with a $27.25 average price target.
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The company has a one-year high of $25.61 and a one-year low of $9.63. Currently, Digi International has an average volume of 279K.
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Digi International, Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services and solutions. It operates through the following segments: IoT Products & Services and IoT Solutions. The IoT Products & Services segment offers products and services that help original equipment manufacturers, enterprise and government customers create and deploy, secure IoT connectivity solutions. The IoT Solutions segment offers wireless temperature and other condition-based monitoring services as well as employee task management services. The company was founded in 1985 and is headquartered in Hopkins, MN.
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