In a report released on November 13, Matthew Hedberg from RBC Capital maintained a Buy rating on N-able (NABL – Research Report), with a price target of $16.00. The company’s shares closed yesterday at $12.11.
According to TipRanks, Hedberg is an analyst with an average return of -0.8% and a 47.80% success rate. Hedberg covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Autodesk, and Splunk.
Currently, the analyst consensus on N-able is a Moderate Buy with an average price target of $14.83.
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The company has a one-year high of $15.44 and a one-year low of $9.26. Currently, N-able has an average volume of 483.8K.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NABL in relation to earlier this year.
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N-able (NABL) Company Description:
N-able Inc empowers managed services providers (MSPs) to help small and medium enterprises navigate the digital evolution. Its flexible technology platform and powerful integrations help MSPs to monitor, manage, and protect their end customer systems, data, and networks. Its portfolio of security, automation, and backup and recovery solutions is built for IT services management professionals.
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