Cantor Fitzgerald Releases a Hold Rating on Cimpress

By Ryan Adsit

Cantor Fitzgerald analyst Naved Khan assigned a Hold rating to Cimpress (NASDAQ: CMPR) on June 23. The company’s shares closed last Friday at $91.69.

According to TipRanks.com, Khan is a 5-star analyst with an average return of 23.2% and a 85.4% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, Paypal Holdings, and Facebook Inc.

Currently, the analyst consensus on Cimpress is Hold and the average price target is $84, representing a -8.4% downside.

In a report issued on June 21, Jefferies also reiterated a Hold rating on the stock with a $84 price target.

The company has a one year high of $104.18 and a one year low of $78.80. Currently, Cimpress has an average volume of 188.1K.

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Cimpress NV engages in the business of printing technology. Its activities include manufacture and sale customized orders of print, signage, apparel, and similar products. It operates through the Exaprint, pixartprinting, and vistaprint brands. The company was founded by Robert S. Keane in January 1995 and is headquartered in Venlo, the Netherlands.,082L4S-E