Comtech Telecomm. Corp. (NASDAQ:CMTL) price target raised to $40.00 by BMO Capital Markets

Analyst Ratings For Comtech Telecomm. Corp. (NASDAQ:CMTL)

Today, BMO Capital Markets raised its price target on Comtech Telecomm. Corp. (NASDAQ:CMTL) to $40.00 per share.

There are 4 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Comtech Telecomm. Corp. (NASDAQ:CMTL) is Buy with a consensus target price of $33.80 per share, a potential 3.38% upside.

Some recent analyst ratings include

  • 6/7/2018-Comtech Telecomm. Corp. (NASDAQ:CMTL) had its Buy rating reiterated by LADENBURG THALM/SH SH with a $35.00 price target
  • 6/7/2018-Comtech Telecomm. Corp. (NASDAQ:CMTL) had its Buy rating reiterated by Noble Financial with a $34.00 price target
  • 3/15/2018-Comtech Telecomm. Corp. (NASDAQ:CMTL) had its Hold rating reiterated by Jefferies Financial Group

Recent Insider Trading Activity For Comtech Telecomm. Corp. (NASDAQ:CMTL)
Comtech Telecomm. Corp. (NASDAQ:CMTL) has insider ownership of 7.00% and institutional ownership of 86.86%.

  • On 6/12/2018 Edwin Kantor, Director, sold 1,557 with an average share price of $31.91 per share and the total transaction amounting to $49,683.87.
  • On 4/17/2018 Fred Kornberg, CEO, sold 30,000 with an average share price of $32.35 per share and the total transaction amounting to $970,500.00.
  • On 4/3/2018 Edwin Kantor, Director, sold 3,318 with an average share price of $30.49 per share and the total transaction amounting to $101,165.82.
  • On 3/12/2018 Richard L Burt, Insider, sold 82,700 with an average share price of $30.46 per share and the total transaction amounting to $2,519,042.00.
  • On 12/13/2017 Michael Porcelain, Insider, sold 30,000 with an average share price of $21.41 per share and the total transaction amounting to $642,300.00.
  • On 12/11/2017 Fred Kornberg, CEO, sold 15,000 with an average share price of $20.65 per share and the total transaction amounting to $309,750.00.
  • On 10/14/2016 Edwin Kantor, Director, sold 3,000 with an average share price of $10.95 per share and the total transaction amounting to $32,850.00.

About Comtech Telecomm. Corp. (NASDAQ:CMTL)
Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions. The company's Commercial Solutions segment provides ground-based equipment, such as single channel per carrier modems and solid state amplifiers that facilitate the transmission of voice, video, and data, as well as offers traveling wave tube amplifiers comprising high power narrow-band amplifiers that are used to amplify signals from satellite earth stations; and safety and security technology solutions that enable 911 c. This segment also offers enterprise application technologies, including location-based technology, such as Trusted Location, a software-based scoring system that allows providers to determine mobile location and identify fraudulent behavior and other security risks; Look4, an application that enables customers to build their own applications; Indoor Location, a solution that enables the determination of a cell phone user's geospatial position; text messaging platforms that are used by wireless carriers to provide short-messaging services and to communicate with 911 public safety answering points; and VirtuMedix, a digital health platform that enables virtual healthcare. The company's Government Solutions segment provides command and control technologies, including tactical communications, managed networks, logistics, and end-to-end integration; cyber security training and computer network operations; and satellite-based mobile communications and tracking systems. This segment also offers over-the-horizon microwave systems, such as equipment and systems that transmit digitized voice, video, and data; and solid state high power broadband amplifiers designed for radar, electronic warfare, jamming, medical, and aviation applications. The company serves commercial and government customers worldwide. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York.

Recent Trading Activity for Comtech Telecomm. Corp. (NASDAQ:CMTL)
Shares of Comtech Telecomm. Corp. closed the previous trading session at 32,70 −3,81 10,42 % with 1336200 shares trading hands.

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