In a report released on May 8, Ashish Sabadra from RBC Capital maintained a Hold rating on Clarivate (CLVT – Research Report), with a price target of $8.00. The company’s shares closed yesterday at $6.25.
Sabadra covers the Industrials sector, focusing on stocks such as APi Group, Cintas, and Verisk Analytics. According to TipRanks, Sabadra has an average return of 4.5% and a 59.83% success rate on recommended stocks.
Currently, the analyst consensus on Clarivate is a Hold with an average price target of $7.69.
The company has a one-year high of $10.03 and a one-year low of $6.07. Currently, Clarivate has an average volume of 4.47M.
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Clarivate (CLVT) Company Description:
Clarivate Analytics Plc provides trusted insights and analytics to accelerate the pace of innovation. Its solutions include scientific and research, patent intelligence and compliance standards, pharmaceutical and biotech intelligence and trademark, domain and brand protection. The company product portfolio includes Life Science, Web of Science, Cortellis, Derwent, CompuMark, MarkMonitor and Techstreet. It helps clients to reduce the time from new ideas to life changing innovations. The company was founded in 1864 and is headquartered in St. Helier, Jersey.
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