Top Image Systems Ltd. (TISA) PT Lowered to $2.00
Top Image Systems Ltd. (NASDAQ:TISA) had its price objective decreased by equities researchers at Benchmark Co. from $2.50 to $2.00 in a report released on Wednesday. The brokerage presently has a “hold” rating on the stock. Benchmark Co.’s target price would suggest a potential upside of 25.00% from the stock’s previous close.
A number of other analysts have also commented on TISA. Canaccord Genuity reissued a “buy” rating and issued a $3.50 price objective on shares of Top Image Systems in a research report on Wednesday, August 31st. TheStreet raised shares of Top Image Systems from a “sell” rating to a “hold” rating in a research report on Thursday, August 11th. Finally, Zacks Investment Research lowered shares of Top Image Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 20th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $2.63.
Shares of Top Image Systems (NASDAQ:TISA) opened at 1.60 on Wednesday. The company’s market capitalization is $28.67 million. Top Image Systems has a one year low of $1.39 and a one year high of $3.42. The firm has a 50-day moving average of $1.87 and a 200-day moving average of $1.87.
An institutional investor recently raised its position in Top Image Systems stock. Citadel Advisors LLC increased its stake in shares of Top Image Systems Ltd. (NASDAQ:TISA) by 41.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,020 shares of the company’s stock after buying an additional 14,573 shares during the period. Citadel Advisors LLC owned about 0.28% of Top Image Systems worth $111,000 as of its most recent SEC filing. 8.26% of the stock is currently owned by institutional investors.
Top Image Systems Company Profile
Top Image Systems Ltd. (TIS) is a developer and marketer of intelligent content capture and workflow automation solutions for managing and validating incoming content in any format from any source. The Company’s solutions deliver digital content to the people and applications that drive an enterprise by using advanced network, mobile and cloud technologies.
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