In a report released on April 15, Dan Bergstrom from RBC Capital maintained a Buy rating on CSG Systems International (CSGS – Research Report), with a price target of $61.00. The company’s shares closed yesterday at $47.77.
According to TipRanks, Bergstrom is a 4-star analyst with an average return of 14.7% and a 56.41% success rate. Bergstrom covers the Technology sector, focusing on stocks such as CommVault Systems, CSG Systems International, and Fortinet.
In addition to RBC Capital, CSG Systems International also received a Buy from William Blair’s Maggie Nolan in a report issued on April 3. However, on April 12, Wells Fargo maintained a Hold rating on CSG Systems International (NASDAQ: CSGS).
CSGS market cap is currently $1.4B and has a P/E ratio of 21.61.
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CSG Systems International (CSGS) Company Description:
CSG Systems International, Inc. engages in providing business support solutions serving the communications industry. It engages in revenue management & digital monetization, customer experience & payment solutions providers. The firm’s solutions and services help companies around the world monetize and digitally enable the customer experience by accurately capturing, managing, generating, and optimizing the interactions and revenues associated with their customers. The company was founded on October 17, 1994 and is headquartered in Greenwood Village, CO.
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