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Analysts Offer Insights on Technology Companies: Catapult Group International (OtherCAZGF) and Zoom Video Communications (ZM)

Tipranks - Tipranks - Mon May 25, 9:00PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Catapult Group International (CAZGF) and Zoom Video Communications (ZM).

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Catapult Group International (CAZGF)

Morgans analyst Steven Sassine maintained a Buy rating on Catapult Group International today and set a price target of A$5.40. The company’s shares closed last Thursday at $2.35, close to its 52-week high of $2.53.

According to TipRanks.com, Sassine is ranked #12135 out of 12268 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Catapult Group International with a $4.01 average price target, implying a 70.6% upside from current levels. In a report issued on May 15, Bell Potter also maintained a Buy rating on the stock with a A$4.50 price target.

See today’s best-performing stocks on TipRanks >>

Zoom Video Communications (ZM)

In a report issued on May 22, Michael Funk from Bank of America Securities reiterated a Hold rating on Zoom Video Communications, with a price target of $105.00. The company’s shares closed last Friday at $105.64.

According to TipRanks.com, Funk ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.6% and a 39.1% success rate. Funk covers the Technology sector, focusing on stocks such as AST SpaceMobile, Dropbox, and NICE. ;'>

Zoom Video Communications has an analyst consensus of Moderate Buy, with a price target consensus of $112.56, representing a 3.7% upside. In a report issued on May 21, KeyBanc also upgraded the stock to Hold.

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