In a report released today, Dylan Becker from William Blair maintained a Buy rating on Karooooo (KARO – Research Report). The company’s shares closed yesterday at $27.50.
According to TipRanks, Becker is a 4-star analyst with an average return of 6.1% and a 65.22% success rate. Becker covers the Technology sector, focusing on stocks such as Unity Software, Altair Engineering, and CCC Intelligent Solutions Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Karooooo with a $26.00 average price target.
The company has a one-year high of $32.00 and a one-year low of $18.59. Currently, Karooooo has an average volume of 6,914.
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Karooooo (KARO) Company Description:
Karooooo Ltd is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company’s software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance and manage risk. It serves customers in 23 countries across five continents, supporting more than 1.3 million subscribers.
