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Jefferies & Co disclosed Comtech Telecommunications (NDAQ:CMTL), hiking its price target to $12.50 earlier today

Having a price of $17.85, Comtech Telecommunications (NDAQ:CMTL) traded 0.13% higher on the day. With the last close up 30.08% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. CMTL has recorded a 50-day average of $20.21 and a two hundred day average of $17.44. Trade Volume was up over the average, with 334,556 shares of CMTL changing hands over the typical 218,140

Reporting a potential downside of -0.30%, Jefferies & Co upped the price target of Comtech Telecommunications (NDAQ:CMTL) to $12.50

Recent Performance Chart

Comtech Telecommunications (NDAQ:CMTL)

Comtech Telecommunications has PE ratio of 33.87 with a 52 week low of $9.52 and a 52 week high of $22.90 and has a market cap of $0.

In addition to Jefferies & Co reporting its target price, a total of 2 brokers have issued a report on the stock. The consensus target price is $20.25 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Comtech Telecommunications (NDAQ:CMTL)

Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The Company operates through two segments: Commercial Solutions and Government Solutions. It offers communications solutions, including command and control technologies, safety and security technologies and enterprise technologies. Its Commercial Solutions segment provides satellite communications (such as satellite earth station modems and traveling wave tube amplifiers), public safety systems (such as next generation 911 technologies) and enterprise application technologies (such as messaging and trusted location-based technologies). The Government Solutions segment includes command and control technologies, troposcatter technologies, and radio frequency power and switching technologies. It serves system and network suppliers in the global satellite, defense, broadcast and aerospace industries, and the United States federal government, among others.

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