In a report released today, Joe Gomes from Noble Financial maintained a Hold rating on Comtech Telecommunications (CMTL – Research Report), with a price target of $3.21. The company’s shares closed last Friday at $3.21.
Gomes covers the Industrials sector, focusing on stocks such as Orion Group Holdings, CoreCivic, and DLH Holdings. According to TipRanks, Gomes has an average return of 7.7% and a 45.51% success rate on recommended stocks.
Currently, the analyst consensus on Comtech Telecommunications is a Hold with an average price target of $3.21.
The company has a one-year high of $13.04 and a one-year low of $3.06. Currently, Comtech Telecommunications has an average volume of 450.2K.
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Comtech Telecommunications (CMTL) Company Description:
Comtech Telecommunications Corp. engages in the design, development, production, and market of products, systems, and services for advanced communications solutions. It operates through the Commercial Solutions and Government Solutions segment. The Commercial Solutions segment offers satellite communications, public safety systems, and enterprise application technologies for commercial customers and smaller government customers. The Government Solutions segment comprises mission-critical technologies and transmission technologies for large government end users, international customers, and domestic prime contractors. The company was founded in 1967 and is headquartered in Melville, NY.
