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Comtech Telecom

CMTLNASDAQ
Logo brought to you by Benzinga Data
$3.38
0.113.36%
At Close: -
$3.38
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$18.25
Lowest Price Target1
$10.00
Consensus Price Target1
$12.81

Comtech Telecom (NASDAQ:CMTL) Stock, Analyst Ratings, Price Targets, Forecasts

Comtech Telecommunications Corp has a consensus price target of $12.81 based on the ratings of 4 analysts. The high is $18.25 issued by B. Riley Securities on December 15, 2023. The low is $10 issued by Jefferies on June 15, 2022. The 3 most-recent analyst ratings were released by B. Riley Securities, Citigroup, and Citigroup on December 15, 2023, June 27, 2023, and June 9, 2023, respectively. With an average price target of $14.42 between B. Riley Securities, Citigroup, and Citigroup, there's an implied 326.53% upside for Comtech Telecommunications Corp from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities
Citigroup
Jefferies
Noble Capital Markets

1calculated from analyst ratings

Analyst Ratings for Comtech Telecom

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FAQ

Q

What is the target price for Comtech Telecom (CMTL) stock?

A

The latest price target for Comtech Telecom (NASDAQ:CMTL) was reported by B. Riley Securities on December 15, 2023. The analyst firm set a price target for $18.25 expecting CMTL to rise to within 12 months (a possible 439.94% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Comtech Telecom (CMTL)?

A

The latest analyst rating for Comtech Telecom (NASDAQ:CMTL) was provided by B. Riley Securities, and Comtech Telecom initiated their buy rating.

Q

When was the last upgrade for Comtech Telecom (CMTL)?

A

The last upgrade for Comtech Telecommunications Corp happened on June 13, 2022 when Noble Capital Markets raised their price target to $12. Noble Capital Markets previously had a market perform for Comtech Telecommunications Corp.

Q

When was the last downgrade for Comtech Telecom (CMTL)?

A

The last downgrade for Comtech Telecommunications Corp happened on June 15, 2022 when Jefferies changed their price target from $32 to $10 for Comtech Telecommunications Corp.

Q

When is the next analyst rating going to be posted or updated for Comtech Telecom (CMTL)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Comtech Telecom, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Comtech Telecom was filed on December 15, 2023 so you should expect the next rating to be made available sometime around December 15, 2024.

Q

Is the Analyst Rating Comtech Telecom (CMTL) correct?

A

While ratings are subjective and will change, the latest Comtech Telecom (CMTL) rating was a initiated with a price target of $0.00 to $18.25. The current price Comtech Telecom (CMTL) is trading at is $3.38, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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