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Zacks Investment Research announced Boingo Wireless Inc (NASDAQ:WIFI), bumping up its stock price target to $11.00 today

Just yesterday Boingo Wireless Inc (NASDAQ:WIFI) traded 0.00% even at $9.98. The company’s 50-day moving average is $9.02 and its 200-day moving average is $8.34. The last stock close price is up 18.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Volume of trade was down over the average, with 132,943 shares of WIFI changing hands under the typical 241,462

In a report released on Thursday October 06, 2016 Zacks Investment Research increased the stock price target of Boingo Wireless Inc (NASDAQ:WIFI) to $11.00 reporting a possible upside of 0.10%.

Previously on 9/14/2016, Citigroup Inc. released a statement about Boingo Wireless Inc (NASDAQ:WIFI) increased the target price from $0.00 to $12.00. At the time, this indicated a possible upside of 0.38%.

Performance Chart

Boingo Wireless Inc (NASDAQ:WIFI)

With a total market value of $0, Boingo Wireless Inc has with a one year low of $5.40 and a one year high of $10.38 .

A total of 5 analysts have released a report on Boingo Wireless Inc. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $11.65.

More About Boingo Wireless Inc (NASDAQ:WIFI)

Boingo Wireless, Inc. is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor direct-attached storage (DAS) services for carriers. The Company operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices segment. The Company has established wireless networks that provide high-speed, high-bandwidth wireless connectivity to smartphones, tablets, laptops, wearables, the Internet of Things (IoT) and other wireless-enabled devices. Its wireless networks include DAS, femto-cell, and Wi-Fi networks that it manages and operates, which it refers to as managed and operated locations, as well as Wi-Fi networks managed and operated by third-parties with whom it contract for access (roaming networks). Its services include DAS or Femto-Cell, Wholesale-Wi-Fi, Retail, Military and Advertising.

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