Barrington analyst Christopher Howe reiterated a Buy rating on Transact Technologies (TACT) today and set a price target of $16.00. The company’s shares closed last Friday at $10.39, close to its 52-week high of $11.63.
According to TipRanks.com, Howe is a 5-star analyst with an average return of 42.2% and a 74.2% success rate. Howe covers the Industrial Goods sector, focusing on stocks such as Standex International, Columbus Mckinnon, and Hillenbrand.
Transact Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $16.00.
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Transact Technologies’ market cap is currently $92.77M and has a P/E ratio of -17.60. The company has a Price to Book ratio of 4.66.
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TransAct Technologies, Inc. operates as a software-driven technology and printing solutions company. It engages in food safety, POS automation, casino and gaming, lottery, mobile and oil and gas. The firm’s products are sold under the AccuDate, EPICENTRAL, Epic, Ithaca, RESPONDER and Printrex brands. It supplies consumables used in the printing and scanning activities of customers in the hospitality, banking, retail, gaming, government and oil and gas exploration markets. The company was founded in June 1996 and is headquartered in Hamden, CT.
