D.A. Davidson Sticks to Its Hold Rating for OneSpan (OSPN)

In a report released today, Rudy Kessinger from D.A. Davidson maintained a Hold rating on OneSpan (OSPN – Research Report), with a price target of $12.50. The company’s shares closed yesterday at $10.95.

Kessinger covers the Technology sector, focusing on stocks such as CommVault Systems, Edgio, and OneSpan. According to TipRanks, Kessinger has an average return of 6.3% and a 50.00% success rate on recommended stocks.

OneSpan has an analyst consensus of Moderate Buy, with a price target consensus of $12.25.

The company has a one-year high of $17.20 and a one-year low of $7.64. Currently, OneSpan has an average volume of 408.1K.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock.

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OneSpan (OSPN) Company Description:

OneSpan, Inc. engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. Its solutions has the following functions: secure access to online accounts, data, assets, and applications for global enterprises; provide tools for application developers to easily integrate security functions into their web-based and mobile applications; and facilitate digital transactions involving the signing, sending, and managing of documents. The company was founded by T. Kendall Hunt in 1991 and is headquartered in Chicago, IL.