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Kepler Capital Reaffirms Their Buy Rating on Logitech (LOGI)

Tipranks - Fri Feb 27, 7:48PM CST

Kepler Capital analyst Torsten Sauter maintained a Buy rating on Logitech on February 25 and set a price target of CHF95.00. The company’s shares closed yesterday at CHF69.50.

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Sauter covers the Industrials sector, focusing on stocks such as Cicor Technologies, OC Oerlikon Corporation AG, and Komax Holding AG. According to TipRanks, Sauter has an average return of 7.5% and a 55.56% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Logitech with a CHF87.95 average price target, implying a 26.55% upside from current levels. In a report released on February 23, UBS also maintained a Buy rating on the stock with a CHF88.00 price target.

The company has a one-year high of CHF98.94 and a one-year low of CHF54.58. Currently, Logitech has an average volume of 818.9K.

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