H.C. Wainwright Reiterates a Buy Rating on SuperCom (SPCB)

By Carrie Williams

H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on SuperCom (SPCBResearch Report) today and set a price target of $2.50. The company’s shares closed last Monday at $0.71, close to its 52-week low of $0.50.

According to TipRanks.com, Dede ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -19.7% and a 27.0% success rate. Dede covers the Consumer Goods sector, focusing on stocks such as The Alkaline Water Company, Microvision, and Resonant.

SuperCom has an analyst consensus of Moderate Buy, with a price target consensus of $2.50.

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The company has a one-year high of $1.76 and a one-year low of $0.50. Currently, SuperCom has an average volume of 36.93K.

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SuperCom Ltd. engages in the provision of traditional and digital identity solutions. It offers identification, tracking, and security products to governments and private and public organization.