B. Riley assumed coverage on shares of Opera (NASDAQ:OPRA) in a report published on Wednesday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $14.50 price target on the stock. B. Riley also issued estimates for Opera’s Q2 2019 earnings at ($0.01) EPS, Q3 2019 earnings at $0.04 EPS, Q4 2019 earnings at $0.05 EPS, FY2019 earnings at $0.15 EPS, FY2020 earnings at $0.33 EPS and FY2021 earnings at $0.54 EPS.
NASDAQ OPRA opened at $11.40 on Wednesday. The firm has a market cap of $1.27 billion and a PE ratio of 29.69. Opera has a twelve month low of $5.31 and a twelve month high of $15.62. The business has a 50-day simple moving average of $10.50.
Opera (NASDAQ:OPRA) last released its quarterly earnings results on Wednesday, May 22nd. The company reported $0.06 earnings per share for the quarter. The company had revenue of $51.28 million during the quarter. Opera had a return on equity of 5.73% and a net margin of 18.24%. On average, research analysts forecast that Opera will post 0.15 EPS for the current fiscal year.
Opera Limited, through its subsidiaries, provides mobile and PC web browsers in Ireland, Russia, and internationally. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; Opera News, a personalized news aggregation app; and Okash, a microfinance app.
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