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IBEX (IBEX) Receives a Buy from Robert W. Baird

Robert W. Baird analyst David Koning maintained a Buy rating on IBEX (IBEXResearch Report) on July 20 and set a price target of $22.00. The company’s shares closed last Thursday at $18.74.

According to TipRanks.com, Koning is a 4-star analyst with an average return of 3.4% and a 53.8% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

Currently, the analyst consensus on IBEX is a Strong Buy with an average price target of $20.75, representing a 10.0% upside. In a report issued on July 18, Piper Sandler also maintained a Buy rating on the stock with a $21.00 price target.

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The company has a one-year high of $22.70 and a one-year low of $10.77. Currently, IBEX has an average volume of 20.04K.

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IBEX Holdings 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 Customer Acquisition and Customer Management segments. Customer Acquisition segment includes consumer-facing businesses and acquires customers for them. In this segment, customers are primarily acquired for clients in the telecommunications, cable, technology and insurance industries. Customer Management segment comprises the engagement, expansion and experience solutions. The suite of customer engagement solutions consists of customer service, technical support and other value added outsourced back office services.

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