Barclays Reaffirms Their Buy Rating on Electronics for Imaging

By Jason Carr

Barclays analyst Joseph Wolf maintained a Buy rating on Electronics for Imaging (NASDAQ: EFII) on September 11 and set a price target of $47. The company’s shares closed yesterday at $40.78.

According to TipRanks.com, Wolf is a 3-star analyst with an average return of 4.5% and a 54.3% success rate. Wolf covers the Consumer Goods sector, focusing on stocks such as Keysight Technologies, Lumentum Holdings, and Ceragon Networks.

Currently, the analyst consensus on Electronics for Imaging is Moderate Buy and the average price target is $47.33, representing a 16.1% upside.

In a report issued on September 7, Citigroup also initiated coverage with a Buy rating on the stock with a $53 price target.

The company has a one year high of $51.15 and a one year low of $25.54. Currently, Electronics for Imaging has an average volume of 1.02M.

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Electronics For Imaging, Inc. is a digital printing company. The company is focused on the transformation of the printing, packaging, and ceramic tile decorative industries from the use of traditional analog based presses to digital on demand printing. It operates through three segments: Industrial Inkjet, Productivity Software, and Fiery.