Nice (NASDAQ:NICE) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Wednesday, December 27th.
Other equities research analysts have also recently issued research reports about the stock. Oppenheimer restated a “buy” rating and issued a $100.00 target price (up previously from $90.00) on shares of Nice in a report on Wednesday, December 13th. Chardan Capital raised their target price on shares of Nice from $84.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, October 16th. Jefferies Group started coverage on shares of Nice in a research report on Friday, October 6th. They issued a “hold” rating and a $84.00 price target on the stock. JPMorgan Chase & Co. downgraded shares of Nice from an “overweight” rating to a “neutral” rating in a research report on Friday, November 3rd. Finally, Citigroup increased their price target on shares of Nice from $83.00 to $93.00 and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Nice has a consensus rating of “Hold” and an average price target of $89.88.
Shares of Nice (NASDAQ:NICE) opened at $94.09 on Wednesday. Nice has a fifty-two week low of $65.72 and a fifty-two week high of $94.75. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.27. The company has a market cap of $5,641.68, a P/E ratio of 64.45, a PEG ratio of 3.68 and a beta of 0.90.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Iberiabank Corp bought a new stake in Nice in the 3rd quarter valued at $270,000. Eagle Boston Investment Management Inc. increased its holdings in Nice by 19.1% in the 2nd quarter. Eagle Boston Investment Management Inc. now owns 4,200 shares of the technology company’s stock valued at $330,000 after acquiring an additional 674 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Nice by 16.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,014 shares of the technology company’s stock valued at $395,000 after acquiring an additional 724 shares during the last quarter. Eaton Vance Management bought a new stake in Nice in the 2nd quarter valued at $426,000. Finally, Russell Investments Group Ltd. grew its stake in shares of Nice by 22.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 5,460 shares of the technology company’s stock worth $444,000 after buying an additional 1,013 shares in the last quarter. Institutional investors own 45.00% of the company’s stock.
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NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.
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