Sui Group (NASDAQ:SUIG) Given New $1.70 Price Target at Cantor Fitzgerald

Sui Group (NASDAQ:SUIG) had its target price reduced by research analysts at Cantor Fitzgerald from $1.90 to $1.70 in a report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price points to a potential upside of 88.89% from the stock’s current price.

Several other analysts have also recently weighed in on the stock. Zacks Research raised shares of Sui Group to a “hold” rating in a research note on Friday, May 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sui Group in a report on Monday, July 6th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sui Group currently has an average rating of “Hold” and a consensus target price of $1.70.

Sui Group Trading Up 0.1%

NASDAQ:SUIG opened at $0.90 on Friday. Sui Group has a one year low of $0.83 and a one year high of $8.66. The firm has a market cap of $69.12 million, a P/E ratio of -5.00 and a beta of 1.32. The stock’s 50 day simple moving average is $1.18.

Sui Group Company Profile

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc Mill City Ventures III, Ltd.