Brokerage Firm Rating Update on ZAGG Inc (ZAGG)

ZAGG Inc (ZAGG) : Zacks Investment Research ranks ZAGG Inc (ZAGG) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.4, which indicates as a Strong Buy.

ZAGG Inc (ZAGG) : Average target price received by ZAGG Inc (ZAGG) is $10.9 with an expected standard deviation of $3.01. The most aggressive target on the stock is $15, whereas the most downbeat target is $7. 5 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy.

ZAGG Inc (NASDAQ:ZAGG): The stock opened at $7.61 and touched an intraday high of $7.98 on Wednesday. During the day, the stock corrected to an intraday low of $7.56, however, the bulls stepped in and pushed the price higher to close in the green at $7.92 with a gain of 3.66% for the day. The total traded volume for the day was 566,890. The stock had closed at $7.64 in the previous trading session.

Zagg Inc. (Zagg) designs, produces and distributes product solutions. The Company offers screen protection, keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands. In addition, the Company designs, produces, and distributes earbuds, headphones, mobile power solutions, Bluetooth speakers, cases and cables for mobile devices under the iFrogz brand in the fashion and youth oriented lifestyle sector. The Company designs product solutions for users of mobile devices, and sells these products to consumers through global distribution partners and online. The Company offers products for market segments of handheld electronic devices, including smartphones, tablets, MP3 players, notebook computers, laptops, gaming devices, Global Positioning System (GPS) devices, watch faces, and similar devices and surfaces.

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