Zacks: Novume Solutions Inc (NVMM) Given Consensus Recommendation of “Strong Buy” by Analysts
Novume Solutions Inc (NASDAQ:NVMM) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus price target of $4.75 for the company, according to Zacks. Zacks has also assigned Novume Solutions an industry rank of 197 out of 255 based on the ratings given to related companies.
Separately, ValuEngine cut Novume Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd.
A hedge fund recently bought a new stake in Novume Solutions stock. K.J. Harrison & Partners Inc bought a new stake in shares of Novume Solutions Inc (NASDAQ:NVMM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 260,368 shares of the company’s stock, valued at approximately $169,000. K.J. Harrison & Partners Inc owned about 1.39% of Novume Solutions as of its most recent SEC filing. Institutional investors own 5.29% of the company’s stock.
About Novume Solutions
Novume Solutions, Inc, through its subsidiaries, provides consulting and technical support services to government contracting market in the United States. It offers market intelligence and opportunity identification, capture and strategic advisory, proposal strategy and development, teaming support, and managed human capital services to assist government contractors.
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