Par Technology (PAR) Gets a Buy from Craig-Hallum

Craig-Hallum analyst George Sutton maintained a Buy rating on Par Technology (PAR – Research Report) today. The company’s shares closed yesterday at $40.76.

According to TipRanks, Sutton is a 5-star analyst with an average return of 10.1% and a 43.68% success rate. Sutton covers the Technology sector, focusing on stocks such as Par Technology, Cantaloupe, and AudioEye.

Currently, the analyst consensus on Par Technology is a Moderate Buy with an average price target of $51.75, which is a 26.96% upside from current levels. In a report released today, Lake Street also upgraded the stock to a Buy with a $48.00 price target.

The company has a one-year high of $49.84 and a one-year low of $24.76. Currently, Par Technology has an average volume of 240.7K.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is neutral on the stock. Last month, BRYAN A MENAR, the CFO of PAR bought 8,500.00 shares for a total of $74,970.00.

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.