Ciber (NYSE:CBR) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 1.67 by 3 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. B. Riley initiates coverage on Ciber (NYSE:CBR). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at B. Riley announces a current price target of $2.25 per share. The rating by the firm was issued on March 10, 2016.
Ciber (NYSE:CBR): According to 3 Analysts, The short term target price has been estimated at $ 2.63.The target price could deviate by a maximum of $0.64 from the forecast price. In the near term, the target price could hit a high of $3 and a low of $ 2.
Ciber (NYSE:CBR) witnessed a decline in the market cap on Tuesday as its shares dropped 3.13% or 0.06 points. After the session commenced at $1.92, the stock reached the higher end at $1.9401 while it hit a low of $1.79. With the volume soaring to 897,324 shares, the last trade was called at $1.86. The company has a 52-week high of $3.9. The company has a market cap of $150 million and there are 80,680,752 shares in outstanding. The 52-week low of the share price is $0.93.
Shares of Ciber, Inc. rose by 17.72% in the last five trading days and 89.8% for the last 4 weeks. Ciber, Inc. has dropped 9.71% during the last 3-month period . Year-to-Date the stock performance stands at -47.01%.
Ciber, Inc. (Ciber) is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment consists of countries in Western Europe and the Nordic region. The Company offers a range of services, which include Staffing/Application Development and Maintenance, Independent software vendor (ISV)/Channel Partner Platforms, Integrated Managed Services and other services. Its Application Development and Maintenance services provide analysis, design, development, testing, implementation and maintenance of its clients business applications. The Company also provides project management, application and technical consulting, database administration, and infrastructure support for project-based or managed-services approach. The Companys business consulting practice comprises Enterprise Application Consultancy, IT Strategy Consultancy and Business Process Consultancy.