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CPI Card Group (PMTS) Receives a Buy from Lake Street

Tipranks - Tipranks - Wed May 6, 10:04AM CDT

In a report released today, Jacob Stephan from Lake Street reiterated a Buy rating on CPI Card Group, with a price target of $25.00.

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According to TipRanks, Stephan is a 5-star analyst with an average return of 24.2% and a 56.04% success rate. Stephan covers the Technology sector, focusing on stocks such as Alkami Technology, Research Solutions, and Sequans Communications S A.

Currently, the analyst consensus on CPI Card Group is a Strong Buy with an average price target of $28.33.

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Based on CPI Card Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $153.05 million and a net profit of $7.35 million. In comparison, last year the company earned a revenue of $125.1 million and had a net profit of $6.77 million

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