MobileIron (MOBL) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 2 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 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
MobileIron (MOBL) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $8 and the lowest price target forecast is $3. The average forecast of all the analysts is $5.08 and the expected standard deviation is $1.77.
Company shares have received an average consensus rating of Hold for the current week MobileIron (NASDAQ:MOBL): The stock opened at $3.37 on Thursday but the bulls could not build on the opening and the stock topped out at $3.47 for the day. The stock traded down to $3.32 during the day, due to lack of any buying support eventually closed down at $3.34 with a loss of -1.18% for the day. The stock had closed at $3.38 on the previous day. The total traded volume was 205,359 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Mobileiron, Inc., Mainz Barry, had purchased 51,200 shares in a transaction dated on March 3, 2016. The transaction was executed at $3.9 per share with total amount equaling $199,680.
MobileIron, Inc., formerly Mobile Iron, Inc., provides a purpose-built mobile Information Technology (IT) platform for enterprises to secure and manage mobile applications, or apps, content and devices while providing their employees with device choice, privacy and a native user experience. The Company has introduced new products and functionality to address the management and security of mobile applications and content, and has extended its solution to a cloud offering to enable deployment flexibility for its customers. The Companys platform enables four areas of functionality, which include Mobile Device Management (MDM), Mobile Application Management (MAM), Mobile Content Management (MCM) and Advanced Services. It focuses on customers of all sizes across a range of industries, including financial services, government, healthcare, legal, manufacturing, professional services, retail, technology and telecommunications.