ValuEngine upgraded shares of Vocera Communications (NYSE:VCRA) from a buy rating to a strong-buy rating in a research report released on Saturday.
Several other brokerages have also recently weighed in on VCRA. Jefferies Financial Group began coverage on shares of Vocera Communications in a research note on Wednesday, September 19th. They issued a buy rating and a $40.00 price objective on the stock. Zacks Investment Research raised shares of Vocera Communications from a hold rating to a buy rating and set a $35.00 price objective on the stock in a research note on Tuesday, October 16th. Cantor Fitzgerald reissued a buy rating and issued a $36.00 price objective on shares of Vocera Communications in a research note on Tuesday, August 21st. Chardan Capital boosted their price objective on shares of Vocera Communications from $35.00 to $47.00 and gave the stock a buy rating in a research note on Friday, July 27th. Finally, Piper Jaffray Companies reduced their price objective on shares of Vocera Communications from $39.00 to $36.00 and set an overweight rating on the stock in a research note on Friday, July 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Vocera Communications currently has an average rating of Buy and a consensus target price of $37.10.
Shares of Vocera Communications stock opened at $35.46 on Friday. The company has a current ratio of 4.54, a quick ratio of 4.46 and a debt-to-equity ratio of 0.72. Vocera Communications has a twelve month low of $22.43 and a twelve month high of $36.95. The firm has a market capitalization of $1.05 billion, a P/E ratio of -118.20 and a beta of -0.03.
Hedge funds have recently added to or reduced their stakes in the stock. Price Capital Management Inc. acquired a new position in Vocera Communications in the third quarter valued at $132,000. United Services Automobile Association acquired a new position in Vocera Communications in the second quarter valued at $210,000. California Public Employees Retirement System acquired a new position in Vocera Communications in the second quarter valued at $231,000. Laurion Capital Management LP acquired a new position in Vocera Communications in the second quarter valued at $234,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Vocera Communications in the first quarter valued at $251,000.
About Vocera Communications
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
Read More: Diversification For Individual Investors
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.