Ciber (CBR) Receives ‘Analyst’ Rating

Ciber (CBR) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Ciber (CBR) : 3 investment research analysts covering Ciber (CBR) have an average price target of $2.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $3 and the lowest target is $1 for the short term. Analysts expect the variance to be within $1.09 of the average price.


Ciber (NYSE:CBR): After opening at $1.24, the stock dipped to an intraday low of $1.23 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $1.77 and the buying power remained strong till the end. The stock closed at $1.36 for the day, a gain of 11.48% for the day session. The total traded volume was 3,663,603. The stocks close on the previous trading day was $1.22.

Ciber, Inc. (Ciber) is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment consists of countries in Western Europe and the Nordic region. The Company offers a range of services, which include Staffing/Application Development and Maintenance, Independent software vendor (ISV)/Channel Partner Platforms, Integrated Managed Services and other services. Its Application Development and Maintenance services provide analysis, design, development, testing, implementation and maintenance of its clients business applications. The Company also provides project management, application and technical consulting, database administration, and infrastructure support for project-based or managed-services approach. The Companys business consulting practice comprises Enterprise Application Consultancy, IT Strategy Consultancy and Business Process Consultancy.

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