Information Services Group (NASDAQ:III) received a $6.00 price target from research analysts at Barrington Research in a report issued on Wednesday. The firm currently has a “buy” rating on the business services provider’s stock. Barrington Research’s target price indicates a potential upside of 36.99% from the company’s previous close.

Other equities analysts have also issued research reports about the company. B. Riley reiterated a “buy” rating on shares of Information Services Group in a research note on Tuesday. Zacks Investment Research lowered Information Services Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $5.67.

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Information Services Group (NASDAQ:III) traded up $0.03 on Wednesday, reaching $4.38. The company’s stock had a trading volume of 21,189 shares, compared to its average volume of 30,708. Information Services Group has a 52 week low of $2.95 and a 52 week high of $4.63. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.89 and a quick ratio of 1.89. The stock has a market capitalization of $190.09, a price-to-earnings ratio of -20.86, a PEG ratio of 1.42 and a beta of 0.42.

Hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its holdings in Information Services Group by 76.8% in the second quarter. The Manufacturers Life Insurance Company now owns 27,849 shares of the business services provider’s stock valued at $114,000 after acquiring an additional 12,098 shares during the period. Wells Fargo & Company MN grew its holdings in Information Services Group by 82.7% in the 3rd quarter. Wells Fargo & Company MN now owns 31,916 shares of the business services provider’s stock valued at $128,000 after buying an additional 14,444 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its holdings in Information Services Group by 7,572.5% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 39,667 shares of the business services provider’s stock valued at $165,000 after buying an additional 39,150 shares in the last quarter. Dimensional Fund Advisors LP purchased a new position in shares of Information Services Group during the 2nd quarter worth $188,000. Finally, Teachers Advisors LLC grew its holdings in shares of Information Services Group by 12.6% during the 2nd quarter. Teachers Advisors LLC now owns 72,314 shares of the business services provider’s stock worth $297,000 after purchasing an additional 8,076 shares during the period. Institutional investors and hedge funds own 45.11% of the company’s stock.

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About Information Services Group

Information Services Group, Inc is a technology insights, market intelligence and advisory services company. The Company operates in the segment of fact-based sourcing advisory services. It supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services with a focus on information technology, business process transformation, program management services and enterprise resource planning.

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