Rajvindra Gill analyst at Needham reiterates coverage on Smart Global Holdings (SGH) in the Technology sector with a Buy rating. TipRanks.com has Gill rated as a 4.9 star analyst with a 69% return on investment and a 20.2% success rate. Gill has set a price target of $85.
TipRanks.com reports that Smart Global Holdings currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $87.40. The target pricing ranges from a high forecast of $100.00 down to a low forecast of $80.00. Smart Global Holdings (SGH)’s last closing price was $64.83 which would put the average price target at 34.81% upside.
In addition, TradingView issued a Buy rating for SGH over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SGH.
Other analysts covering SGH include:
- Kevin Cassidy of Rosenblatt Securities issued a Buy rating with the price target of $100 on 2 days ago
- Brian Chin of Stifel Nicolaus issued a Buy rating with the price target of $90 on 4 days ago
- Sidney Ho of Deutsche Bank issued a Buy rating with the price target of $80 on 1 week ago
- Thomas O'Malley of Barclays issued a Buy rating with the price target of $82 on 1 week ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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