Everbridge, Inc. (NASDAQ:EVBG) has been assigned an average rating of “Buy” from the eight analysts that are presently covering the firm. Eight investment analysts have rated the stock with a buy recommendation. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $20.17.

Several equities analysts have recently commented on the stock. Pacific Crest assumed coverage on shares of Everbridge in a report on Tuesday, October 11th. They issued an “overweight” rating and a $19.00 target price on the stock. Credit Suisse Group AG began coverage on shares of Everbridge in a research note on Tuesday, October 11th. They set an “outperform” rating and a $21.00 price target on the stock. Canaccord Genuity began coverage on shares of Everbridge in a research note on Tuesday, October 11th. They set a “buy” rating and a $22.00 price target on the stock. William Blair reaffirmed an “outperform” rating on shares of Everbridge in a research note on Tuesday, October 11th. Finally, Stifel Nicolaus began coverage on shares of Everbridge in a research note on Tuesday, October 11th. They set a “buy” rating and a $20.00 price target on the stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of EVBG. HBK Investments L P purchased a new position in Everbridge during the third quarter worth $1,180,000. Two Sigma Securities LLC purchased a new position in Everbridge during the third quarter worth $205,000. Citadel Advisors LLC purchased a new position in Everbridge during the third quarter worth $424,000. Laurion Capital Management LP purchased a new position in Everbridge during the third quarter worth $1,012,000. Finally, Morgan Stanley purchased a new position in Everbridge during the third quarter worth $368,000.

Shares of Everbridge (NASDAQ:EVBG) opened at 16.75 on Tuesday. Everbridge has a 52-week low of $11.76 and a 52-week high of $18.73. The stock’s market capitalization is $247.43 million. The stock has a 50 day moving average of $15.31 and a 200 day moving average of $15.56.

Everbridge (NASDAQ:EVBG) last released its earnings results on Wednesday, November 2nd. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.05. The company earned $19.90 million during the quarter, compared to analysts’ expectations of $19.14 million. Everbridge’s revenue was up 30.9% compared to the same quarter last year. Analysts forecast that Everbridge will post ($0.34) earnings per share for the current year.

Everbridge Company Profile

5 Day Chart for NASDAQ:EVBG

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