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Berenberg Bank Stick to Their Buy Rating for Vocera Communications Inc.

Published 10/29/2021, 06:55 AM
Updated 10/29/2021, 06:55 AM


Berenberg Bank analyst Iris Long maintained a Buy rating on Vocera (NYSE:VCRA) Communications Inc. on Friday, setting a price target of $52, which is approximately 2.75% above the present share price of $50.61.

Long expects Vocera Communications Inc. to post earnings per share (EPS) of -$0.07 for the fourth quarter of 2021.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Vocera, with an average price target of $51.
The analysts price targets range from a high of $61 to a low of $34.

In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $56.18 million and a net profit of -$3.24 million. The company's market cap is $1.76 billion.

According to TipRanks.com, Berenberg Bank analyst Iris Long is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 11.0% and a 71.43% success rate.

Vocera Communications, Inc. engages in the provision of secure, integrated, intelligent communication and workflow solutions. It operates through Product and Service segments. The firm's solutions include intelligent enterprise software platform; a lightweight, wearable, voice-controlled communication badge, and newly introduced Smartbadge; and smartphone applications. The company was founded by Robert E. Shostak, Paul Barsley, and Randy Nielsen on February 16, 2000 and is headquartered in San Jose, CA.

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