Analysts Conflicted on These Consumer Goods Names: ID Systems (NASDAQ: IDSY) and GoPro (NASDAQ: GPRO)

By Carrie Williams

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on ID Systems (IDSYResearch Report) and GoPro (GPROResearch Report).

ID Systems (IDSY)

National Securities Corp analyst Matthew Galinko maintained a Buy rating on ID Systems today and set a price target of $10. The company’s shares closed yesterday at $6.12.

According to TipRanks.com, Galinko is a 3-star analyst with an average return of 5.6% and a 52.2% success rate. Galinko covers the Consumer Goods sector, focusing on stocks such as Ribbon Communications Inc, Xperi Corporation, and Shotspotter Inc.

Currently, the analyst consensus on ID Systems is a Moderate Buy with an average price target of $10.25, implying a 67.5% upside from current levels. In a report issued on July 29, B.Riley FBR also maintained a Buy rating on the stock with a $8.50 price target.

See today’s analyst top recommended stocks >>

GoPro (GPRO)

Wedbush analyst Michael Pachter maintained a Hold rating on GoPro today and set a price target of $5.50. The company’s shares closed yesterday at $5.03.

According to TipRanks.com, Pachter is a 3-star analyst with an average return of 1.4% and a 54.2% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, National Cinemedia, and AMC Entertainment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GoPro with a $8.17 average price target.

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