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CSG Systems (NASDAQ:CSGS) price target lowered to $47.00, reported today by Stifel

Showing a price of $43.74, CSG Systems (NASDAQ:CSGS) traded -4.13% lower on the day. The last stock close price is up -0.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CSGS has recorded a 50-day moving average of $42.61 and a 200-day moving average of $42.34. 243,496 shares of the stock traded hands, up from an avg. volume of 164,119

CSG Systems (NASDAQ:CSGS) had its price target reduced to $47.00 by Stifel in a report issued 09/22/2016. The updated target price indicates a possible upside of 0.07% from the company's most recent stock price close.

On 05/05/2016, Stifel Nicolaus reported on CSG Systems (NASDAQ:CSGS) bumped up the target price from $47.00 to $49.00. At the time, this suggested an upside of 0.11%.

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CSG Systems has a price-earnings ratio of 19.51 with a one year low of $30.06 and a one year high of $46.54 CSG Systems’s market capitalization is presently $0.

A total of 2 brokers have issued a report on CSGS. One brokerage rating the company a strong buy, zero analysts rating the company a buy, 1 broker rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 analysts rating the company a sell with a one year target of $45.00.

Brief Synopsis About CSG Systems (NASDAQ:CSGS)

CSG Systems International, Inc. is a provider of business support solutions primarily serving the communications industry. The Company's solutions coordinate and manage various aspects of service providers' customer interactions, from the activation of customer accounts, to the support of various service activities, and through the presentment, collection and accounts receivables management of monthly customer statements. Its product solutions include cable and satellite care and billing, convergent rating and billing, mediation and data management, wholesale settlement and routing, customer interaction management, business intelligence, and content management and monetization. Its billing and customer care platform, Advanced Convergent Platform, is the system for cable and satellite providers in North America. Its customer interaction management solutions help delivers a personal and relevant involvement across all customer touch points, such as Web or other communications methods.

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