Deutsche Bank Maintains West Corp to Buy with Price Target $26.00

Brokerage firm Deutsche Bank Maintains its rating on West Corp(NASDAQ:WSTC). In a research note issued to the investors, the brokerage major Raises the price-target to $26.00 per share. The shares have been rated Buy. The rating by Deutsche Bank was issued on Aug 3, 2016.

West Corp (WSTC) shares turned negative on Fridays trading session with the shares closing down -0.09 points or -0.39% at a volume of 1,68,963. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $23.41. The peak price level was also seen at $23.41 while the days lowest was $22.98. Finally the shares closed at $23.23. The 52-week high of the shares is $27.13 while the 52-week low is $17.26. According to the latest information available, the market cap of the company is $1,922 M.

West Corp(WSTC) last announced its earnings results on Aug 1, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $582.40M. Analysts had an estimated revenue of $577.53M. Earnings per share were $0.78. Analysts had estimated an EPS of $0.75.

Several Insider Transactions has been reported to the SEC. On Aug 2, 2016, Scott Etzler (President Unified Comm Svcs) sold 15,000 shares at $24.00 per share price.Also, On Jun 1, 2016, Thomas B Barker (CEO) purchased 25,000 shares at $21.09 per share price.On Dec 17, 2015, Mary E West (10% owner) purchased 14,409 shares at $19.85 per share price, according to the Form-4 filing with the securities and exchange commission.

West Corporation (West) is a provider of technology-enabled communication services. The Company offers a range of communication and network infrastructure solutions that helps to manage or support communications. The Company operates in two segments: Unified Communications including conferencing and collaboration Internet protocol (IP) communications and interactive services and Communication Services including safety services telecom services and specialized agent services. Its solutions include unified communications services safety services interactive services such as automated notifications telecom services and agent services. The Company offers its services to small and medium enterprises in a variety of industries including telecommunications retail financial services safety education technology and healthcare. The Company’s operates in the United States Canada Europe the Middle East Asia-Pacific Latin America and South America.

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