Baird Maintains Outperform Rating for IBEX: Here's What You Need To Know

Baird has decided to maintain its Outperform rating of IBEX IBEX and lower its price target from $32.00 to $28.00.

Shares of IBEX are trading up 4.42% over the last 24 hours, at $20.32 per share.

A move to $28.00 would account for a 37.8% increase from the current share price.

About IBEX

IBEX Ltd is an end-to-end provider of technology-enabled customer lifecycle experience (CLX) solutions to optimize customer acquisition, engagement, expansion and experience for its clients. IBEX operates through the Business process outsourcing segment. Its services cover three areas: Digital & Omni-Channel Customer Experience (ibex Connect), Digital Marketing and E-Commerce (ibex Digital) and Digital CX surveys and analytics (ibex CX). The firm caters to broad range of industries, such as telecommunications, cable, financial services, and healthcare.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.