William Blair Keeps Their Hold Rating on Magic (MGIC)
William Blair analyst Maggie Nolan maintained a Hold rating on Magic (MGIC – Research Report) today. The company’s shares opened today at $15.43.
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Nolan covers the Technology sector, focusing on stocks such as Exlservice Holdings, Magic, and ASGN. According to TipRanks, Nolan has an average return of 2.2% and a 54.32% success rate on recommended stocks.
Currently, the analyst consensus on Magic is a Moderate Buy with an average price target of $16.00.
MGIC market cap is currently $793M and has a P/E ratio of 21.50.
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