Presidio (PSDO) Lifted to Hold at BidaskClub
BidaskClub upgraded shares of Presidio (NASDAQ:PSDO) from a sell rating to a hold rating in a report issued on Saturday.
Other analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Presidio from a hold rating to a sell rating in a research note on Wednesday, May 16th. Barclays decreased their price target on shares of Presidio from $19.00 to $16.00 and set an equal weight rating for the company in a research note on Friday, May 11th. Royal Bank of Canada downgraded shares of Presidio from an outperform rating to a sector perform rating and set a $19.00 price objective for the company. in a research report on Friday, May 11th. Finally, Wells Fargo & Co downgraded shares of Presidio from an outperform rating to a market perform rating in a research report on Thursday, May 10th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Presidio currently has a consensus rating of Hold and a consensus price target of $18.17.
Shares of NASDAQ:PSDO opened at $14.77 on Friday. The firm has a market cap of $1.38 billion, a P/E ratio of 296.80, a price-to-earnings-growth ratio of 3.62 and a beta of 0.93. The company has a quick ratio of 1.04, a current ratio of 1.07 and a debt-to-equity ratio of 0.92. Presidio has a 1-year low of $11.97 and a 1-year high of $19.74.
Presidio, Inc provides information technology (IT) solutions to the middle market in North America. The company offers digital infrastructure solutions that enable clients to deploy IT infrastructure, as well as focuses on networking, collaboration, enterprise mobility, Internet of Things, and data analytics.
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