Brokerages Set $3.00 Price Target for Wireless Telecom Group, Inc. (WTT)

Wireless Telecom Group, Inc. (NASDAQ:WTT) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Analysts have set a 1 year consensus target price of $3.00 for the company and are anticipating that the company will post ($0.01) EPS for the current quarter, according to Zacks. Zacks has also given Wireless Telecom Group an industry rank of 49 out of 256 based on the ratings given to related companies.

Separately, Dawson James reissued a “buy” rating on shares of Wireless Telecom Group in a research report on Monday, December 3rd.

WTT stock traded up $0.04 during midday trading on Monday, reaching $1.62. The company’s stock had a trading volume of 27,900 shares, compared to its average volume of 35,450. Wireless Telecom Group has a 1 year low of $1.40 and a 1 year high of $2.64.

Wireless Telecom Group (NASDAQ:WTT) last released its earnings results on Thursday, November 8th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $14.02 million during the quarter.

Wireless Telecom Group Company Profile

Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave based products in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions.

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