In a report released today, Brian Peterson from Raymond James reiterated a Buy rating on Everbridge (EVBG). The company’s shares closed last Thursday at $124.52.
According to TipRanks.com, Peterson is a top 25 analyst with an average return of 33.7% and a 73.7% success rate. Peterson covers the Technology sector, focusing on stocks such as Duck Creek Technologies, Inc., ZoomInfo Technologies, and BigCommerce Holdings.
Currently, the analyst consensus on Everbridge is a Strong Buy with an average price target of $161.00, representing a 33.3% upside. In a report issued on September 16, Stephens also assigned a Buy rating to the stock with a $140.00 price target.
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The company has a one-year high of $165.79 and a one-year low of $59.85. Currently, Everbridge has an average volume of 547.2K.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EVBG in relation to earlier this year.
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.
Everbridge, Inc. engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events. Its SaaS-based CEM platform enables customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans. The company was founded by Cinta Putra and Steve Kirchmeier in 2002 and is headquartered in Burlington, MA.
