Diebold Incorporated (DBD) : Analyst Rating Update

Diebold Incorporated (DBD) : The consensus on Diebold Incorporated (DBD) based on 4 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Diebold Incorporated (DBD) stock is expected to deviate a maximum of $5.69 from the average target price of $33.67 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $40 and the most muted being $29.

Diebold Incorporated (NYSE:DBD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.33 and $24.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.73, notching a gain of 0.61% for the day. The total traded volume was 652,887 . The stock had closed at $24.58 on the previous day.

Also, In the latest statement by the brokerage house, Imperial Capital maintains its outlook on Diebold Incorporated (NYSE:DBD). The current rating of the shares is In-line, according to the research report released by the firm. The brokerage firm lowers the price target from $32 per share to $29 per share. The rating by the firm was issued on May 3, 2016. The company shares have dropped -27.26% from its 1 Year high price. On Nov 3, 2015, the shares registered one year high at $37.98 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $25.13 and the 200 Day Moving Average price is recorded at $26.22.

Diebold, Incorporated provides financial self-service (FSS) delivery, integrated services and software, and security systems to the financial, commercial, retail and other markets. The Company operates through five segments: North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), Latin America (LA) and Brazil. The Company has two lines of business: FSS and Security Solutions, which the Company integrates based on its customers needs. Its FSS solutions include self-service support and managed services, self-service products and self-service software. The Companys Security Solutions include electronic security products, monitoring and services, and physical security and facility products. The Company supplies automated teller machines (ATMs) and related services across the world. It also provides design, installation, maintenance and monitoring of electronic security systems to financial, commercial, retail and other customers.

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