BWS Financial analyst Hamed Khorsand maintained a Buy rating on Ubiquiti Networks (UI – Research Report) today and set a price target of $375.00. The company’s shares opened today at $170.70.
According to TipRanks, Khorsand is a 5-star analyst with an average return of 9.1% and a 52.67% success rate. Khorsand covers the Technology sector, focusing on stocks such as Immersion, Netgear, and Adeia.
The word on The Street in general, suggests a Hold analyst consensus rating for Ubiquiti Networks with a $258.00 average price target.
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UI market cap is currently $10.36B and has a P/E ratio of 25.41.
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Ubiquiti, Inc. sells networking equipment and provides related software platforms. Its products include AmpliFi home Wi-Fi, UniFi wireless, VoIP, routing and switching, legacy, LED lighting, cameras, airFiber antenna, airFiber radios, and solar charge controller. The company was founded by Robert J. Pera in October 2003 and is headquartered in New York, NY.
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