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

Tipranks - Tipranks - Wed Feb 18, 9:08AM CST

Lake Street analyst Jacob Stephan maintained a Buy rating on CPI Card Group today and set a price target of $25.00.

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Stephan covers the Technology sector, focusing on stocks such as Sequans Communications S A, Research Solutions, and Alkami Technology. According to TipRanks, Stephan has an average return of 21.4% and a 49.73% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CPI Card Group with a $25.00 average price target.

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Based on CPI Card Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $137.97 million and a net profit of $2.31 million. In comparison, last year the company earned a revenue of $124.75 million and had a net profit of $1.29 million

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is neutral on the stock.

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