Versigent (NYSE:VGNT) Given Average Recommendation of “Buy” by Brokerages

Versigent (NYSE:VGNTGet Free Report) has received a consensus recommendation of “Buy” from the thirteen brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, nine have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $49.6667.

VGNT has been the subject of several analyst reports. Zacks Research upgraded shares of Versigent from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Evercore restated an “outperform” rating and issued a $60.00 price objective on shares of Versigent in a report on Monday, May 18th. Argus set a $50.00 price objective on shares of Versigent in a research note on Tuesday, July 21st. Morgan Stanley initiated coverage on shares of Versigent in a research note on Friday, May 8th. They issued an “overweight” rating and a $51.00 price objective on the stock. Finally, BNP Paribas Exane began coverage on shares of Versigent in a report on Tuesday, April 28th. They set an “outperform” rating and a $41.00 target price for the company.

Get Our Latest Analysis on VGNT

Versigent Price Performance

Shares of NYSE:VGNT opened at $41.33 on Monday. Versigent has a 1-year low of $26.34 and a 1-year high of $50.88. The stock’s 50-day moving average price is $43.27.

Further Reading

Analyst Recommendations for Versigent (NYSE:VGNT)

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