CalAmp (CAMP) Receives Price Target

CalAmp (CAMP) : The most positive equity analysts on CalAmp (CAMP) expects the shares to touch $29, whereas, the least positive believes that the stock will trade at $19 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $22.57 with an expected fluctuation of $3.41 from the mean.

CalAmp (CAMP) has an average broker rating of 1.22, which is interpreted as a Strong Buy, as rated by 9 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 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.


CalAmp (NASDAQ:CAMP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.58 and $14.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.78, notching a gain of 1.37% for the day. The total traded volume was 312,987 . The stock had closed at $14.58 on the previous day.

CalAmp Corp. (CalAmp) is a provider of wireless communications solutions for a range of applications to customers globally. The Company has two business segments: Wireless DataCom and Satellite. The Companys Wireless DataCom segment offers solutions for mobile resource management (MRM) applications, the machine-to-machine (M2M) communications space and other markets that require connectivity anytime and anywhere. The Companys MRM and M2M solutions collect, monitor and report data and intelligence from remote and mobile assets. It delivers products, software services and solutions for energy, government, transportation and automotive vertical markets. The Companys Satellite segment develops, manufactures and sells direct-broadcast satellite (DBS) outdoor customer premise equipment and whole home video networking devices providing the delivery of digital and high definition satellite television services.

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