Securitize Holdings (SECZ) – What Are Analysts Thinking About This Stock?

Shares of Securitize Holdings (NYSE:SECZ) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $14.37.

A number of brokerages recently weighed in on SECZ. Cantor Fitzgerald started coverage on shares of Securitize in a report on Monday, September 21st. They set an “overweight” rating and a $21.20 price objective for the company. Zacks Research upgraded Securitize to a “hold” rating in a report on Tuesday, September 22nd. Citizens Jmp upped their target price on Securitize from $15.00 to $17.00 and gave the stock a “market outperform” rating in a report on Friday, October 9th. Needham & Company LLC initiated coverage on Securitize in a research note on Tuesday, September 8th. They set a “buy” rating and a $11.00 price target on the stock. Finally, Wall Street Zen downgraded Securitize to a “strong sell” rating in a report on Saturday, September 5th.

Securitize Price Performance

Shares of SECZ opened at $8.13 on Wednesday. Securitize has a 52 week low of $5.14 and a 52 week high of $17.01. The stock has a 50-day moving average of $9.82.

Securitize (NYSE:SECZ) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($2.37) earnings per share (EPS) for the quarter. The business had revenue of $14.44 million for the quarter. As a group, research analysts anticipate that Securitize will post -0.81 earnings per share for the current fiscal year.

Securitize Company Profile

Securitize is a financial technology company focused on the issuance, management and trading of tokenized securities and other real-world assets. Its platform uses blockchain technology to create digital representations of assets such as private company shares, investment funds, credit products and real estate interests.

The company provides infrastructure and services for issuers, investors and financial institutions, including digital securities issuance, investor onboarding, compliance, transfer agency, fund administration and secondary-market trading.