Analyst Rating Update on Zebra Technologies Corporation (ZBRA)

Zebra Technologies Corporation (NASDAQ:ZBRA) has an average broker rating of 1.56, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.

Zebra Technologies Corporation (NASDAQ:ZBRA) : Currently there are 7 street experts covering Zebra Technologies Corporation (NASDAQ:ZBRA) stock. The most bullish and bearish price target for the stock is $110 and $64 respectively for the short term. The average price target of all the analysts comes to $86.86. The estimated standard deviation from the target is $18.37.

For the current week, the company shares have a recommendation consensus of Buy. Also, Goldman Sachs initiates coverage on Zebra Technologies Corporation (NASDAQ:ZBRA). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm announces the price target at $55 per share. The rating by the firm was issued on June 8, 2016.

Zebra Technologies Corporation (NASDAQ:ZBRA): stock turned positive on Tuesday. Though the stock opened at $49.61, the bulls momentum made the stock top out at $50.83 level for the day. The stock recorded a low of $49.38 and closed the trading day at $50.76, in the green by 2.32%. The total traded volume for the day was 1,299,461. The stock had closed at $49.61 in the previous days trading.

In an insider trading activity, Modruson Frank Blaise, director of Zebra Technologies Corp, executed a transaction worth $55,234 on May 19, 2016. A total of 1,130 shares were purchased at an average price of $48.88. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Companys products and services allow customers to manage their assets, transactions and people of their organization. It designs, manufactures and sells a range of products, including enterprise mobile computers; advanced data capture devices; wireless local area network (WLAN) products; real-time location systems; related supplies, and utilities, frameworks and application software. It operates through two segments: Enterprise, which consists of its mobile computing, data capture and WLAN products, and Legacy Zebra, which consists of barcode and card printing, location, and motion sensing and supplies products. It provides a platform, iFactr, which offers the migration path for Windows Mobile/CE.NET compact framework applications. In addition, it provides solutions in enterprise mobile space, including modernizing rugged deployments, as well as creating cross-platform applications.

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