Manhattan Associates, Inc. Price Target Update – The Daily Rover
Manhattan Associates, Inc. (NASDAQ:MANH): According to 3 Analysts, The short term target price has been estimated at $ 74.The target price could deviate by a maximum of $1 from the forecast price. In the near term, the target price could hit a high of $75 and a low of $ 73. Manhattan Associates, Inc. (NASDAQ:MANH) has received a short term rating of hold from research analysts at Zacks with a rank of 3. The company has been rated an average of 1.25 by 4 Wall Street Analysts. 3 analysts have added the shares in their list of strong buys. 1 stock experts have also rated a buy. The company shares have rallied 24.83% from its 1 Year high price. On Dec 7, 2015, the shares registered one year high at $77.75 and the one year low was seen on Feb 2, 2015. The 50-Day Moving Average price is $66.75 and the 200 Day Moving Average price is recorded at $66.07.
Manhattan Associates, Inc. (NASDAQ:MANH) rose 0.84% or 0.47 points on Thursday and made its way into the gainers of the day. After trading began at $56.58 the stock was seen hitting $58.43 as a peak level and $55.68 as the lowest level. The stock ended up at $56.17. The daily volume was measured at 1,096,079 shares. The 52-week high of the share price is $77.749 and the 52-week low is $42.14. The company has a market cap of $4,104 million.
Manhattan Associates, Inc. (Manhattan) is a developer and provider of supply chain commerce solutions. The Company is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and Omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. The Companys solutions consist of software, services, and hardware, which coordinate people, workflows, assets, events, and tasks across the functions linked in a supply chain. It offers its solutions in three areas: supply chain, Omni-channel and inventory. Its solutions enable coordinating the actions, data exchange, and communication of participants in supply chain ecosystems, such as manufacturers, suppliers, distributors, trading partners, transportation providers, channels (such as catalogers, store retailers, and Web outlets), and consumers. It has operations in North America, Europe, and the Asia/Pacific region.