RADCOM Ltd. (RDCM) Given Consensus Recommendation of “Buy” by Brokerages
Shares of RADCOM Ltd. (NASDAQ:RDCM) have been given a consensus recommendation of “Buy” by the six analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $25.00.
Several equities research analysts have recently weighed in on RDCM shares. Zacks Investment Research raised RADCOM from a “hold” rating to a “strong-buy” rating and set a $23.00 target price on the stock in a research report on Saturday, November 11th. William Blair started coverage on RADCOM in a research report on Monday, October 9th. They set a “buy” rating on the stock. ValuEngine raised RADCOM from a “sell” rating to a “hold” rating in a research report on Sunday, September 3rd. Finally, BidaskClub lowered RADCOM from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th.
Shares of RADCOM (NASDAQ:RDCM) opened at $19.85 on Friday. RADCOM has a 12-month low of $16.60 and a 12-month high of $22.45. The firm has a market capitalization of $261.27, a PE ratio of -1,985.00 and a beta of 1.16.
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RADCOM Company Profile
RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.
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