Cvent Inc (NYSE:CVT) stock price target increased to $35.00, issued a research note today by Zacks Investment Research
- Updated: October 16, 2016
Indicating a possible upside of 0.12%, Zacks Investment Research bumped up the target of Cvent Inc (NYSE:CVT) to $35.00
Yesterday Cvent Inc (NYSE:CVT) traded -0.99% lower at $31.34. The company’s 50-day moving average is $31.88 and its 200-day moving average is $32.57. The last closing price is down -4.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 190,917 shares of the stock traded hands, down from an average trading volume of 375,065
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Cvent Inc has a 52 week low of $17.85 and a 52 week high of $37.25 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 2 brokers have issued a report on the company. The average stock price target is $35.00 with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 0 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Cvent Inc (NYSE:CVT)
Cvent, Inc. is a cloud-based enterprise event management company. The Company provides solutions for both sides of the events and meetings value chain, such as event and meeting planners, through its Event Cloud, and hoteliers and venues, through its Hospitality Cloud. The Company offers planners a platform that addresses the entire lifecycle of events and meetings, including budgeting, planning, venue sourcing, marketing, management and measurement of meetings. It offers over six product categories, on over two integrated clouds, the Event Cloud and the Hospitality Cloud. The Event Cloud includes approximately five product categories, such as event management software, enterprise solutions software, mobile event applications, pre- and post-event feedback management software, and onsite event solutions. The Hospitality Cloud includes over three product categories, including group marketing solutions, group demand management, and group business intelligence for hotels and venues.
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