In a report released today, Vincent Colicchio from Barrington assigned a Buy rating to Climb Global Solutions (CLMB – Research Report), with a price target of $60.00. The company’s shares closed yesterday at $49.46.
Colicchio covers the Services sector, focusing on stocks such as Barrett Business Services, Information Services Group, and The Hackett Group. According to TipRanks, Colicchio has an average return of 11.9% and a 55.38% success rate on recommended stocks.
Currently, the analyst consensus on Climb Global Solutions is a Moderate Buy with an average price target of $60.00.
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The company has a one-year high of $55.70 and a one-year low of $24.44. Currently, Climb Global Solutions has an average volume of 20.43K.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CLMB in relation to earlier this year.
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Wayside Technology Group, Inc. is an information technology channel company, which engages in the distribution of software developed by others through resellers indirectly to customers. It also resells computer software and hardware developed by others and provide technical services directly to customers. The company operates through the Lifeboat Distribution and TechXtend segments. The Lifeboat Distribution segment distributes technical software to corporate resellers, value added resellers, consultants, and systems integrators. The TechXtend segment resells software, hardware, and services for corporations, government organizations, and academic institutions. Wayside Technology Group was founded by Edwin Huffman Morgens in 1982 and is headquartered in Shrewsbury, NJ.
Read More on CLMB:
- Climb Global Solutions Announces Grant of Common Stock to CEO Dale Foster
- Climb Global Solutions Sets First Quarter 2023 Conference Call for May 4, 2023 at 8:30 a.m. ET
- Climb Global management to meet with Barrington
- Climb Global price target raised to $60 from $40 at Barrington
- Climb Global Solutions Reports Fourth Quarter and Full Year 2022 Results
