B.Riley FBR analyst Lee Krowl maintained a Buy rating on Opera (NASDAQ:OPRA) Ltd on Thursday, setting a price target of $12, which is approximately 27.80% above the present share price of $9.39.
Krowl expects Opera Ltd to post earnings per share (EPS) of -$0.18 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Opera, with an average price target of $11.25.
The analysts price targets range from a high of $15 to a low of $8.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $138.22 million and a net profit of -$15.86 million. The company's market cap is $1.16 billion.
According to TipRanks.com, B.Riley FBR analyst Lee Krowl is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.2% and a 48.05% success rate.
Opera Ltd. engages in the provision of web browsers through its subsidiaries. Its products include Opera browser for Windows, iOS, and Linux computers; as well as the mobile apps Opera for Android, Opera Mini, Opera Touch, and Opera News. The company was founded in 1995 and is headquartered in Oslo, Norway.