Cowen & Co. Keeps a Buy Rating on Sapiens International Corporation

By Jason Carr

In a report released today, Bryan Bergin from Cowen & Co. reiterated a Buy rating on Sapiens International Corporation (NASDAQ: SPNS), with a price target of $14. The company’s shares closed yesterday at $13.66.

According to TipRanks.com, Bergin is a 5-star analyst with an average return of 17.3% and a 98.0% success rate. Bergin covers the Technology sector, focusing on stocks such as DXC Technology Company, Exlservice Holdings, and Epam Systems Inc.

Sapiens International Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $12.33.

Sapiens International Corporation’s market cap is currently $669.8M and has a P/E ratio of 195.14. The company has a book value ratio of 3.3348.

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Sapiens International Corp. NV engages in the provision of software solutions for the insurance industry. It offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software.