Perion Network (NASDAQ:PERI – Get Rating) had its price objective increased by equities research analysts at Raymond James from $25.00 to $28.00 in a report released on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the technology company’s stock. Raymond James’ price target would indicate a potential upside of 35.53% from the stock’s previous close.
Several other research analysts have also weighed in on PERI. StockNews.com lowered shares of Perion Network from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 11th. Needham & Company LLC started coverage on shares of Perion Network in a research note on Friday, July 1st. They set a “buy” rating and a $32.00 target price for the company. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $33.25.
Perion Network Price Performance
Shares of PERI stock opened at $20.66 on Thursday. The firm has a market cap of $917.72 million, a PE ratio of 14.15, a price-to-earnings-growth ratio of 0.53 and a beta of 1.24. The company has a 50-day moving average of $18.96 and a two-hundred day moving average of $20.60. Perion Network has a 1-year low of $16.41 and a 1-year high of $33.09.
Institutional Trading of Perion Network
Perion Network Company Profile
Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It provides Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform.
- Get a free copy of the StockNews.com research report on Perion Network (PERI)
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