In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on Par Technology (PAR – Research Report). The company’s shares closed last Friday at $43.41.
According to TipRanks, Sutton is a 5-star analyst with an average return of 12.9% and a 49.75% success rate. Sutton covers the Technology sector, focusing on stocks such as MoneyLion, Par Technology, and Cantaloupe.
Par Technology has an analyst consensus of Moderate Buy, with a price target consensus of $48.67, representing a 12.12% upside. In a report released on February 28, Lake Street also assigned a Buy rating to the stock with a $48.00 price target.
See today’s best-performing stocks on TipRanks >>
PAR market cap is currently $1.22B and has a P/E ratio of -17.14.
Based on the recent corporate insider activity of 20 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 PAR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Par Technology (PAR) Company Description:
PAR Technology Corp. engages in the provision of software and hardware support services for the hospitality industry. It operates through the Restaurant/Retail and Government segments. The Restaurant/Retail segment offers point-of-sale (POS), food safety, and management technology solutions. The Government segment includes intelligence, surveillance and reconnaissance technology and services for federal agencies. The company was founded by John W. Sammon, Jr. in 1968 and is headquartered in New Hartford, NY.
Read More on PAR:
- PAR Technology’s Strategic Acquisitions and Capital Expansion
- New Accounting & Financial Operations Risk for Par Technology – What’s the Latest?
- Par Technology price target raised to $55 from $50 at Craig-Hallum
- Par Technology price target raised to $48 from $42 at Lake Street
- Par Technology Corp: Upcoming Earnings Call and Webcast Invitation
