GoPro (GPRO) Gets a Hold Rating from Wedbush
Wedbush analyst Michael Pachter reiterated a Hold rating on GoPro (GPRO) today and set a price target of $12.00. The company’s shares closed last Thursday at $10.37, close to its 52-week high of $11.19.
According to TipRanks.com, Pachter is a 4-star analyst with an average return of 8.0% and a 62.0% success rate. Pachter covers the Technology sector, focusing on stocks such as Alphabet Class A, Corsair Gaming, and Unity Software.
Currently, the analyst consensus on GoPro is a Hold with an average price target of $9.83.
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The company has a one-year high of $11.19 and a one-year low of $2.00. Currently, GoPro has an average volume of 5.78M.
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GoPro, Inc. engages in manufacturing and selling camera and camera accessories. The company provides mountable and wearable cameras and accessories, which refers as capture devices. Its product brands include Hero7, Fusion, GoPro Plus, Quik, GoPro App and Karma Grip. It also offers an ecosystem of mountable and wearable accessories. The company was founded by Nicholas Woodman in 2002 and is headquartered in San Mateo, CA.