Citizens Jmp Forecasts Strong Price Appreciation for Securitize (NYSE:SECZ) Stock

Securitize (NYSE:SECZ – Get Free Report) had its price target increased by research analysts at Citizens Jmp from $15.00 to $17.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp’s price objective would suggest a potential upside of 33.83% from the company’s previous close.

Other analysts have also recently issued reports about the company. Benchmark cut their price target on Securitize from $16.00 to $10.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Wall Street Zen downgraded Securitize to a “strong sell” rating in a report on Saturday, September 5th. Cantor Fitzgerald started coverage on Securitize in a research report on Monday, September 21st. They set an “overweight” rating and a $21.20 target price on the stock. Zacks Research upgraded Securitize to a “hold” rating in a research note on Tuesday, September 22nd. Finally, Weiss Ratings began coverage on shares of Securitize in a research note on Friday, September 25th. They issued a “sell (d-)” rating on the stock. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Securitize has a consensus rating of “Moderate Buy” and a consensus price target of $13.70.

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Securitize Price Performance

SECZ opened at $12.70 on Friday. The business’s fifty day moving average is $9.06. Securitize has a 12 month low of $5.14 and a 12 month high of $17.01. The firm has a market cap of $2.07 billion, a PE ratio of -5.12 and a beta of -0.13.

Securitize (NYSE:SECZ – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($2.37) earnings per share for the quarter. The firm had revenue of $14.44 million for the quarter. As a group, equities research analysts anticipate that Securitize will post -0.81 EPS for the current year.

Securitize Company Profile

(Get Free Report)

Securitize is a financial technology company that provides infrastructure for issuing, managing and trading digital securities. Its platform uses blockchain technology to represent ownership interests in assets such as private-company shares, private credit, real estate and investment funds as digital tokens.

The company offers services for issuers, investors and financial institutions, including digital securities issuance, investor onboarding, compliance administration, transfer-agent services and secondary-market trading.

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Analyst Recommendations for Securitize (NYSE:SECZ)

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