Brokerages Set Cision Ltd (NYSE:CISN) Price Target at $17.25

Shares of Cision Ltd (NYSE:CISN) have been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $17.25.

CISN has been the topic of several research analyst reports. ValuEngine upgraded Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Zacks Investment Research downgraded General Finance from a “buy” rating to a “hold” rating in a research note on Monday.

In other news, insider Rainer Mathes sold 15,000 shares of the company’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $12.12, for a total value of $181,800.00. Following the sale, the insider now owns 1,712,769 shares in the company, valued at $20,758,760.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 94,301 shares of company stock worth $1,061,855 in the last 90 days. Company insiders own 6.70% of the company’s stock.



Several institutional investors and hedge funds have recently modified their holdings of CISN. Artisan Partners Limited Partnership boosted its holdings in Cision by 3.1% in the 1st quarter. Artisan Partners Limited Partnership now owns 2,535,168 shares of the company’s stock valued at $34,909,000 after purchasing an additional 76,175 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in Cision by 1.6% in the 1st quarter. New York State Common Retirement Fund now owns 540,005 shares of the company’s stock valued at $7,436,000 after purchasing an additional 8,300 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Cision by 1.4% in the 1st quarter. California Public Employees Retirement System now owns 103,633 shares of the company’s stock valued at $1,427,000 after purchasing an additional 1,395 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Cision by 27.0% in the 1st quarter. Janus Henderson Group PLC now owns 8,106,547 shares of the company’s stock valued at $111,627,000 after purchasing an additional 1,724,695 shares in the last quarter. Finally, Dupont Capital Management Corp purchased a new stake in Cision in the 1st quarter valued at approximately $386,000. Hedge funds and other institutional investors own 51.35% of the company’s stock.

Cision stock traded down $0.09 during trading hours on Wednesday, hitting $10.82. 409,600 shares of the stock traded hands, compared to its average volume of 584,211. The company has a debt-to-equity ratio of 2.72, a current ratio of 0.77 and a quick ratio of 0.77. The firm’s 50 day moving average price is $11.20. The firm has a market capitalization of $1.63 billion, a PE ratio of 13.04 and a beta of 0.63. Cision has a 1 year low of $10.40 and a 1 year high of $18.28.

Cision (NYSE:CISN) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.19 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.19. The business had revenue of $185.80 million for the quarter, compared to the consensus estimate of $188.40 million. Cision had a positive return on equity of 31.61% and a negative net margin of 1.68%. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.19 EPS. Sell-side analysts expect that Cision will post 0.79 earnings per share for the current year.

About Cision

Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services to businesses worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs.

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Analyst Recommendations for Cision (NYSE:CISN)

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