In a report released today, Steve Enders from KeyBanc maintained a Buy rating on ON24 (ONTF – Research Report), with a price target of $20.00. The company’s shares closed last Monday at $15.60, close to its 52-week low of $14.03.
According to TipRanks.com, Enders is a 1-star analyst with an average return of -4.0% and a 44.9% success rate. Enders covers the Technology sector, focusing on stocks such as Zoom Video Communications, Pure Storage, and Pegasystems.
ON24 has an analyst consensus of Moderate Buy, with a price target consensus of $20.00, which is a 32.2% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $25.00 price target.
The company has a one-year high of $64.50 and a one-year low of $14.03. Currently, ON24 has an average volume of 418.5K.
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ON24 Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company derives revenue from subscription agreements with customers for accessing the platform and related services.
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