Brightcove (NASDAQ:BCOV) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.6 by 5 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Ladenburg Thalmann initiates coverage on Brightcove (NASDAQ:BCOV). The current rating of the shares is Buy, according to the research report released by the firm. The rating by the firm was issued on March 22, 2016.
Brightcove (NASDAQ:BCOV) stock has received a short term price target of $ 10.53 from 4 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0.41. The higher estimate of target price is $11 , while the lower price target estimate is $10
Brightcove (NASDAQ:BCOV) rose 1.87% or 0.15 points on Tuesday and made its way into the gainers of the day. After trading began at $7.8 the stock was seen hitting $8.3001 as a peak level and $7.695 as the lowest level. The stock ended up at $8.16. The daily volume was measured at 1,185,921 shares. The 52-week high of the share price is $8.3001 and the 52-week low is $4.7. The company has a market cap of $267 million.
Shares of Brightcove Inc. rose by 11.02% in the last five trading days and 30.14% for the last 4 weeks. Brightcove Inc. is up 37.61% in the last 3-month period. Year-to-Date the stock performance stands at 31.61%.
Brightcove Inc. (Brightcove) is a provider of cloud-based services for video. The Companys flagship product Brightcove Video Cloud (or) Video Cloud is the online video platform which enables its customers to publish and distribute video to Internet-connected devices. Its other products and services include Brightcove Zencoder (Zencoder), Brightcove Once (Once), Brightcove Gallery (Gallery), Brightcove Perform (Perform) and Brightcove Video Marketing Suite (Video Marketing Suite). Zencoder is a cloud-based video encoding service. Once is a cloud-based ad insertion and video stitching service. Gallery is a cloud-based service that enables customers to create and publish video portals. Perform is a cloud-based service for creating and managing video player experiences. Video Marketing Suite is a suite of video technologies. It provides its solutions to media companies, broadcasters, brands and corporations, as well as Governments, educational institutions and non-profit organizations.