DASAN Zhone Solutions (DZSI) Gets a Buy Rating from Northland Securities

By Carrie Williams

Northland Securities analyst Tim Savageaux maintained a Buy rating on DASAN Zhone Solutions (DZSIResearch Report) today and set a price target of $15.50. The company’s shares closed last Monday at $8.30.

According to TipRanks.com, Savageaux is a 4-star analyst with an average return of 6.8% and a 58.3% success rate. Savageaux covers the Consumer Goods sector, focusing on stocks such as Applied Optoelectronics, Communications Systems, and Himax Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DASAN Zhone Solutions with a $16.00 average price target.

See today’s analyst top recommended stocks >>

DASAN Zhone Solutions’ market cap is currently $177.5M and has a P/E ratio of 135.62. The company has a Price to Book ratio of 1.48.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

DASAN Zhone Solutions Inc. engages in the provision of broad-based network access solutions. It offers solutions for broadband access, Ethernet switching, mobile backhaul, passive optical local-area network (POL), and software defined networks (SDN). The company was founded in June 1999 and is headquartered in Oakland, CA.