Nuance Communications (NASDAQ:NUAN) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.9 by 10 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Barclays initiates coverage on Nuance Communications (NASDAQ:NUAN). The current rating of the shares is Equal-weight, according to the research report released by the firm. The brokerage firm announces the price target at $22 per share. The rating by the firm was issued on April 15, 2016.
Nuance Communications (NASDAQ:NUAN): The mean short term price target for Nuance Communications (NASDAQ:NUAN) has been established at $23.38 per share. The higher price target estimate is at $30 and the lower price target estimate is expected at $18 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4.03
Nuance Communications (NASDAQ:NUAN) witnessed a decline in the market cap on Tuesday as its shares dropped 0.18% or 0.03 points. After the session commenced at $16.28, the stock reached the higher end at $16.42 while it hit a low of $16.12. With the volume soaring to 1,420,494 shares, the last trade was called at $16.2. The company has a 52-week high of $21.825. The company has a market cap of $4,523 million and there are 279,217,320 shares in outstanding. The 52-week low of the share price is $14.37.
Nuance Communications, Inc. has lost 0.43% in the last five trading days and dropped 0.61% in the last 4 weeks. Nuance Communications, Inc. has dropped 15.4% during the last 3-month period . Year-to-Date the stock performance stands at -18.55%.
Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers across the world. The Companys solutions are used in healthcare, mobile, consumer, enterprise customer service, and imaging markets. The Company offers accuracy, natural language understanding capability, domain knowledge and implementation capabilities. The Companys solutions are based on the Companys voice and language platform and are used by businesses for tasks and services, such as requesting information from a phone-based self-service solution, dictating medical records, searching the mobile Web by voice, entering a destination into a navigation system, or working with portable document format (PDF) documents. The Company offers its solutions to its customers in a range of ways, including through products, hosting, professional services and maintenance and support. The Company operates in four segments: Healthcare, Mobile and Consumer, Enterprise, and Imaging.