In a report released today, George Tong from Goldman Sachs reiterated a Buy rating on Clarivate (CLVT – Research Report). The company’s shares opened today at $7.15.
According to TipRanks, Tong is a 3-star analyst with an average return of 1.1% and a 49.17% success rate. Tong covers the Financial sector, focusing on stocks such as Equifax, H&R Block, and Sterling Check.
Currently, the analyst consensus on Clarivate is a Moderate Buy with an average price target of $8.50.
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CLVT market cap is currently $4.65B and has a P/E ratio of -1.06.
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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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