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Broadsoft (NASDAQ:BSFT) target upped to $45.00, issued a ratings update earlier today by Barclays

Stating a potential upside of 0.07%, Barclays increased the stock price target of Broadsoft (NASDAQ:BSFT) to $45.00

Showing a price of $42.20, Broadsoft (NASDAQ:BSFT) traded 1.38% higher on the day. With the last close up 7.22% from the two hundred day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. BSFT has recorded a 50-day average of $43.28 and a two hundred day average of $41.22. Trading volume was up over the average, with 467,229 shares of BSFT changing hands over the typical 422,056

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Broadsoft (NASDAQ:BSFT)

With a total market value of $0, Broadsoft has with a 52 week low of $33.85 and a 52 week high of $48.40 .

In addition to Barclays reporting its stock price target, a total of 7 brokers have issued a research note on BSFT. The one year target is $44.14 with five firms rating the stock a strong buy, 2 firms rating the stock a buy, two analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Company Details For Broadsoft (NASDAQ:BSFT)

BroadSoft, Inc. is a global provider of software and services that enable telecommunications service providers to deliver hosted, cloud-based Unified Communications (UC) to their enterprise customers. The BroadSoft Business solution is a communications and collaboration offering that enables telecommunications service providers to offer businesses and other enterprises UC features and functionalities on a cloud-delivered basis without the need for traditional premise-based private branch exchange (PBX) equipment. BroadSoft Business includes its UC-One, Team-One and CC-One applications. The capabilities of the BroadSoft Business offering can be accessed through desk phones, smartphones, tablets, laptops and personal computers. Its BroadWorks SIP Trunking solution enables service providers to provide Internet protocol (IP) interconnectivity and additional services to enterprises that already have premise-based PBXs. Its training services include systems administration and provisioning.

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