Stifel Nicolaus analyst Matthew Sheerin maintained a Hold rating on Insight Enterprises (NSIT – Research Report) yesterday and set a price target of $160.00. The company’s shares closed yesterday at $171.25.
Sheerin covers the Technology sector, focusing on stocks such as Jabil, Celestica, and Insight Enterprises. According to TipRanks, Sheerin has an average return of 15.1% and a 67.33% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Insight Enterprises with a $174.00 average price target, which is a 1.61% upside from current levels. In a report released on December 4, J.P. Morgan also maintained a Hold rating on the stock with a $178.00 price target.
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NSIT market cap is currently $5.42B and has a P/E ratio of 22.90.
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Insight Enterprises (NSIT) Company Description:
Insight Enterprises, Inc. is a global information technology, which engages in the provision of helping businesses of all sizes, government organizations, and healthcare and educational institutions. It operates through the following geographical segments: North America; Europe, the Middle East and Africa; and Asia-Pacific. The company was founded by Eric J. Crown and Timothy A. Crown in 1988 and is headquartered in Tempe, AZ.
Read More on NSIT:
- Insight Enterprises price target raised to $184 from $168 at Barrington
- Insight Enterprises completes acquisition of SADA
- Insight Enterprises sees FY23 adjusted EPS of $9.40-$9.60, consensus $9.47
- Insight Enterprises reports Q3 adjusted EPS $2.37, consensus $2.33
- NSIT Upcoming Earnings Report: What to Expect?
