Frequency Electronics ( NASDAQ:FEIM – Get Free Report ) ‘s stock had its “hold” rating reaffirmed by analysts at Freedom Broker in a note issued to investors on Monday, Benzinga reports. They presently have a $91.00 price target on the communications equipment provider’s stock, up from their prior price target of $77.00. Freedom Broker’s target price suggests a potential upside of 6.43% from the company’s current price.
Several other equities research analysts have also recently weighed in on the company. Weiss Ratings cut Frequency Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, September 2nd. Wall Street Zen upgraded Frequency Electronics from a “sell” rating to a “hold” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $55.50.
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Frequency Electronics Price Performance Shares of NASDAQ:FEIM traded down $2.88 during trading on Monday, re...