In a report released on February 26, Matthew Hedberg from RBC Capital maintained a Buy rating on PagerDuty (PD – Research Report), with a price target of $31.00. The company’s shares closed yesterday at $23.68.
According to TipRanks, Hedberg is a 5-star analyst with an average return of 12.0% and a 56.89% success rate. Hedberg covers the Technology sector, focusing on stocks such as Couchbase, F5 Networks, and Palo Alto Networks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PagerDuty with a $27.38 average price target.
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The company has a one-year high of $35.33 and a one-year low of $19.18. Currently, PagerDuty has an average volume of 1.58M.
Based on the recent corporate insider activity of 57 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 PD in relation to earlier this year.
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PagerDuty (PD) Company Description:
PagerDuty, Inc. operates a digital operations management platform. It provides incident management solution that integrates with information technology Ops and DevOps monitoring stacks to improve operational reliability and agility. The company was founded by Andrew Miklas, Baskar Puvanathasan, and Dan Alexandru Solomon in 2009 and is headquartered in San Francisco, CA.
Read More on PD:
- PagerDuty appoints Jeff Hausman as chief product development officer
- DA Davidson software/cloud analysts hold analyst/industry conference call
- PagerDuty downgraded to Equal Weight from Overweight at Morgan Stanley
- PagerDuty Stock (NYSE:PD) Jumps on Potential Sale Rumors
- RBC maintains Outperform rating on PagerDuty after report on takeover interest
