Ubiquiti Networks (UBNT) Gets a Sell Rating from Barclays

By Austin Angelo

Barclays analyst Tim Long maintained a Sell rating on Ubiquiti Networks (UBNTResearch Report) on August 7 and set a price target of $106. The company’s shares closed on Friday at $113.95.

According to TipRanks.com, Long is a 5-star analyst with an average return of 19.1% and a 64.4% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Dell Technologies Inc.

Ubiquiti Networks has an analyst consensus of Moderate Sell, with a price target consensus of $100.

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Ubiquiti Networks’ market cap is currently $8.04B and has a P/E ratio of 25.66. The company has a Price to Book ratio of 42.75.

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Ubiquiti Networks, Inc. engages in the provision of equipment and related software services. It focuses on high performance proprietary technology; price disruptive offering; and integrated and easy to deploy and manage solutions.