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ASUR

Asure Software

$18.51

0.33 (1.82%)

08:51
06/14/18
06/14
08:51
06/14/18
08:51

Asure Software 2.5M share Spot Secondary priced at $17.50

Cowen, Canaccord and Roth Capital acted as joint book running managers for the offering.

  • 19

    Jun

  • 14

    Jun

ASUR Asure Software
$18.51

0.33 (1.82%)

05/14/18
BRRR
05/14/18
NO CHANGE
Target $25
BRRR
Outperform
Asure Software price target raised to $25 from $20 at Barrington
Barrington analyst Vincent Colicchio raised his price target on Asure Softwareto $25 from $20 following the company's Q1 report, noting that client activity was strong for both the human capital management and workplace management businesses and that Asure secured new wins across several industry verticals. He said the strong bookings and backlog growth and healthy cross-selling have increased his confidence in the story. Colicchio keeps an Outperform rating on the name.
05/10/18
LSCM
05/10/18
NO CHANGE
Target $20
LSCM
Buy
Asure Software price target raised to $20 from $17 at Lake Street
Lake Street analyst Eric Martinuzzi raised his price target for Asure Software to $20 saying the company posted a "strong" Q1 beat and upped hits outlook on cloud revenue momentum. The analyst keeps a Buy rating on the shares.
04/23/18
NEED
04/23/18
INITIATION
Target $20
NEED
Buy
Asure Software initiated with a Buy at Needham
Needham analyst Scott Berg initiated with a Buy rating and a price target of $20. Berg says the stock presents a "differentiated investment opportunity" with a "consistent low-risk inorganic strategy and a wide-open organic strategy. The analyst points to $30B total addressable market allowing Asure Software to drive long-term, double-digit organic revenue growth and raise its EBITDA margins to 30%. Berg also sees the company's valuation as attractive at a multiple of 2.2-times enterprise value to revenue relative to 3.0-times of its peers.
04/03/18
ADAM
04/03/18
NO CHANGE
Target $20
ADAM
Buy
Asure Software weakness a buying opportunity, says Canaccord
Canaccord analyst David Hynes believes Asure Software will remain aggressive with its SBO roll-up strategy, giving him confidence that management is serious about moving quickly towards stated interim targets. The analyst expects the next quarter or two to be choppy due to one-time expenses, but he believes the recent selloff will prove to be a good buying opportunity for intermediate-term investors. Hynes maintains his Buy rating and $20 price target on Asure Software shares.

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