Craig-Hallum analyst Anthony Stoss maintained a Buy rating on Immersion (IMMR – Research Report) today. The company’s shares opened today at $6.69.
According to TipRanks, Stoss is a 5-star analyst with an average return of 7.6% and a 50.27% success rate. Stoss covers the Technology sector, focusing on stocks such as indie Semiconductor, Digi International, and Semtech.
Immersion has an analyst consensus of Moderate Buy, with a price target consensus of $11.00.
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IMMR market cap is currently $215.7M and has a P/E ratio of 5.15.
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Immersion (IMMR) Company Description:
Immersion Corp. engages in the creation, design, development and licensing of patented haptic innovations and software. The company offers touch sense platform and design services. It focuses on the following target application areas: mobile devices, wearable, consumer, mobile entertainment and other content, console gaming, automotive, medical, and commercial. The company was founded in 1993 and is headquartered in San Jose, CA.
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