BMO Capital Markets Reaffirms Outperform Rating on Jive Software (jive)

By admin | 6 years ago

Jive Software (NASDAQ: jive)‘s stock had its “outperform” rating reaffirmed by research analysts at BMO Capital Markets in a report released on Wednesday.

Jive Software opened at 18.91 on Wednesday. Jive Software has a 52-week low of $14.18 and a 52-week high of $28.15. The company’s market cap is $1.162 billion.

Jive Software last posted its quarterly earnings results on Tuesday, May 8th. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.13) by $0.04. The company’s quarterly revenue was up 16.6% on a year-over-year basis. Analysts expect that Jive Software will post $-0.10 EPS next quarter.

Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG (NYSE: UBS) cut their price target on shares of Jive Software from $28.00 to $22.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Goldman Sachs (NYSE: GS) cut their price target on shares of Jive Software from $23.00 to $21.00 in a research note to investors on Wednesday. Finally, analysts at Needham & Company initiated coverage on shares of Jive Software in a research note to investors on Wednesday. They set a “hold” rating on the stock.

Jive Software, Inc. (Jive) provides a social business software platform. The Company’s platform can be provided as a public cloud service or as a private cloud solution.

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