Shares of Cision Ltd. (NYSE:CISN) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Brokers have set a 12-month consensus target price of $15.00 for the company and are predicting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also given Cision an industry rank of 213 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Cision from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a report on Monday, November 13th.
Cision (CISN) opened at $11.97 on Wednesday. Cision has a fifty-two week low of $9.90 and a fifty-two week high of $13.68. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 3.43.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Teacher Retirement System of Texas purchased a new stake in Cision during the 4th quarter worth about $148,000. Monashee Investment Management LLC purchased a new stake in Cision during the 4th quarter worth about $156,000. Steinberg Global Asset Management lifted its holdings in Cision by 10.5% during the 4th quarter. Steinberg Global Asset Management now owns 177,824 shares of the company’s stock worth $2,111,000 after buying an additional 16,944 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Cision during the 4th quarter worth about $237,000. Finally, Bank of New York Mellon Corp lifted its holdings in Cision by 93.2% during the 4th quarter. Bank of New York Mellon Corp now owns 43,881 shares of the company’s stock worth $521,000 after buying an additional 21,170 shares during the last quarter. 25.02% of the stock is owned by institutional investors.
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Cision Company Profile
Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs. It offers Cision Communications Cloud, an earned media cloud-based platform that brands can use to build relationships with influencers and buyers in order to amplify their marketplace influence; and provides media database that offers access to influencers when planning a campaign, as well as to schedule and record various interactions with contacts.
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