Latest Stocks: Nice Ltd (NICE) Earns “Outperform” Rating from Oppenheimer Holdings Inc.

Latest Stocks: Nice Ltd (NICE) Earns “Outperform” Rating from Oppenheimer Holdings Inc.

Nice Ltd (NASDAQ:NICE)‘s stock had its “outperform” rating restated by equities research analysts at Oppenheimer Holdings Inc. in a research report issued on Friday, May 12th. They presently have a $80.00 price target on the technology company’s stock. Oppenheimer Holdings Inc.’s price objective would indicate a potential downside of 0.87% from the stock’s current price.

A number of other equities analysts also recently commented on NICE. Barclays PLC set a $75.00 price objective on Nice and gave the stock a “hold” rating in a research report on Saturday, February 18th. Zacks Investment Research raised Nice from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 19th. Chardan Capital reissued a “buy” rating on shares of Nice in a research report on Tuesday, February 21st. Imperial Capital downgraded Nice from an “outperform” rating to an “in-line” rating and boosted their price objective for the stock from $74.00 to $76.00 in a research report on Friday, January 13th. Finally, Goldman Sachs Group Inc began coverage on Nice in a research report on Friday, February 10th. They set a “neutral” rating and a $76.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Nice presently has an average rating of “Hold” and a consensus price target of $76.00.

Nice (NASDAQ NICE) opened at 80.70 on Friday. The company has a market capitalization of $4.85 billion, a PE ratio of 49.81 and a beta of 0.85. The firm’s 50-day moving average is $72.86 and its 200 day moving average is $69.29. Nice has a one year low of $59.07 and a one year high of $81.06.

Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. acquired a new position in shares of Nice during the fourth quarter worth about $643,000. Investec Asset Management LTD increased its position in shares of Nice by 1.8% in the fourth quarter. Investec Asset Management LTD now owns 755,423 shares of the technology company’s stock worth $51,943,000 after buying an additional 13,685 shares during the period. Denver Investment Advisors LLC increased its position in shares of Nice by 33.4% in the fourth quarter. Denver Investment Advisors LLC now owns 216,554 shares of the technology company’s stock worth $14,890,000 after buying an additional 54,257 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Nice by 0.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,696,713 shares of the technology company’s stock worth $116,666,000 after buying an additional 10,500 shares during the period. Finally, Axiom International Investors LLC DE increased its position in shares of Nice by 37.1% in the fourth quarter. Axiom International Investors LLC DE now owns 77,275 shares of the technology company’s stock worth $5,313,000 after buying an additional 20,908 shares during the period. 39.93% of the stock is owned by hedge funds and other institutional investors. About Nice

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