TOday’s Movers: Pointer Telocation Ltd (NASDAQ:PNTR) Stock Rating Maintained by Analysts at B.Riley FBR; $20.0000 Target Price Indicates 38.41 % Potential

May 18, 2018 - By Kristen Paramore

Pointer Telocation Ltd. (NASDAQ:PNTR) Logo

Pointer Telocation Ltd (NASDAQ:PNTR) Rating Reaffirmed

Pointer Telocation Ltd (NASDAQ:PNTR) just had their share rating of a ‘Buy’ issued by research analysts at B.Riley FBR, who now has a $20.0000 PT on the $116.57 million market cap company or a 38.41 % upside potential. This key information was revealed to investors in analysts report on Wednesday, 16 May.

Pointer Telocation Ltd. (NASDAQ:PNTR) Ratings Coverage

Among 2 analysts covering Pointer Telocation Ltd (NASDAQ:PNTR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pointer Telocation Ltd had 3 analyst reports since November 20, 2017 according to SRatingsIntel. The rating was maintained by H.C. Wainwright on Thursday, January 4 with “Buy”. The rating was upgraded by Roth Capital on Monday, March 12 to “Buy”. Roth Capital downgraded the shares of PNTR in report on Monday, November 20 to “Neutral” rating.

The stock decreased 1.37% or $0.2 during the last trading session, reaching $14.45. About 21,664 shares traded. Pointer Telocation Ltd. (NASDAQ:PNTR) has risen 67.78% since May 18, 2017 and is uptrending. It has outperformed by 56.23% the S&P500.

Pointer Telocation Ltd. provides mobile resource management services and products for the automotive, insurance industries, and other mobile tracking markets worldwide. The company has market cap of $116.57 million. It operates in three divisions: Cellocator, MRM, and Roadside Assistance (RSA). It has a 7.12 P/E ratio. The Cellocator segment designs, develops, and makes MRM products comprising asset tracking; fleet management; and stolen vehicle retrieval (SVR) products consisting of remote monitoring and control solutions, such as installation in vehicles, command and control center products, and communication infrastructure products.

More recent Pointer Telocation Ltd. (NASDAQ:PNTR) news were published by: which released: “Pointer Telocation’s (PNTR) CEO David Mahlab on Q1 2018 Results – Earnings Call Transcript” on May 15, 2018. Also published the news titled: “Pointer Telocation (PNTR) Misses Q1 EPS by 1c, Slight Beat on Revenues” on May 15, 2018.‘s news article titled: “Earnings Scheduled For May 15, 2018” with publication date: May 15, 2018 was also an interesting one.

Pointer Telocation Ltd. (NASDAQ:PNTR) Ratings Chart

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