B.Riley FBR Reaffirms Their Buy Rating on Airgain Inc (AIRG)

By Ryan Adsit

In a report issued on January 11, Craig Ellis from B.Riley FBR reiterated a Buy rating on Airgain Inc (AIRGResearch Report), with a price target of $17. The company’s shares opened today at $10.63.

According to TipRanks.com, Ellis is a top 100 analyst with an average return of 18.3% and a 58.4% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Applied Materials Inc, and Axcelis Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Airgain Inc with a $16.50 average price target.

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The company has a one-year high of $14.17 and a one-year low of $7.40. Currently, Airgain Inc has an average volume of 38.89K.

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Airgain, Inc. provides embedded antenna products, integration support and test services. The firm works in partnership with the entire ecosystem, including carriers, chipset suppliers, OEMs, and ODMs. Its products include embedded, external and carrier-class antennas. The firm offers custom antenna design and performance validation services.