TASER International (TASR) : 3 brokerage houses believe that TASER International (TASR) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on TASER International (TASR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.
TASER International (TASR) stock is expected to deviate a maximum of $3.11 from the average target price of $31.2 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $34 and the most muted being $26.
For the current week, the company shares have a recommendation consensus of Buy. TASER International (NASDAQ:TASR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.63 and $28.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.12, notching a gain of 1.53% for the day. The total traded volume was 842,984 . The stock had closed at $28.68 on the previous day.
In a related news, The officer (EVP Global Sales), of Taser International Inc, Isner Joshua had unloaded 1,780 shares at $18.8 per share in a transaction on March 16, 2016. The total value of transaction was $33,464. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons (CEW) designed for use in law enforcement, military, corrections, private security and personal defense. The Company is engaged in developing devices with technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The Company operates through two segments: the sale of CEWs, accessories and other products and services, and the video business. The CEWs Products segment makes CEWs that use it Neuro Muscular Incapacitation (NMI) effects for two main types of market segments: the law enforcement, military, corrections and professional security markets; and the consumer market. The Video business includes the TASER Cam, AXON Video products and EVIDENCE.com.