Zacks: WidePoint Corporation (WYY) Receives Consensus Recommendation of “Strong Buy” from Analysts
WidePoint Corporation (NASDAQ:WYY) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus target price of $1.00 for the company, according to Zacks. Zacks has also assigned WidePoint an industry rank of 38 out of 257 based on the ratings given to related companies.
Separately, B. Riley reaffirmed a “buy” rating on shares of WidePoint in a report on Monday, November 12th.
WidePoint Corporation provides trusted mobility management (TM2) solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and communications solutions through a proprietary portal. The company provides telecom lifecycle management solutions to corporations, governments, and not-for-profit organizations that provide visibility of telecom assets enabling clients to secure and manage the telecom assets; and telecom bill presentment analytical solutions, including bill presentment, subscriber data intelligence, and hosted voice analytics to communications service providers.
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