SharpSpring – Consensus Indicates Potential 10.0% Upside

Broker Ratings
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SharpSpring with ticker code (SHSP) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 25 and 17 calculating the average target price we see 19.2. With the stocks previous close at 17.46 this would imply there is a potential upside of 10.0%. The day 50 moving average is 15.46 and the 200 moving average now moves to 11.15. The market capitalisation for the company is $222m. Company Website: http://sharpspring.com

The potential market cap would be $244m based on the market concensus.

SharpSpring operates as a cloud-based marketing technology company worldwide. The company offers SharpSpring, a marketing automation Software as Service platform that uses features, such as web tracking, lead scoring, and automated workflow; and SharpSpring Mail+ product, a subset of the full suite solution, which focuses on traditional email marketing. It also provides Perfect Audience, a cloud-based platform that offers display retargeting software products and services. The company serves various organizations, including marketing agencies and small and medium size businesses, associations, and non-profits. It markets and sells its products and services through internal sales teams and third party resellers. The company was formerly known as SMTP and changed its name to SharpSpring in December 2015. SharpSpring was founded in 1998 and is headquartered in Gainesville, Florida.

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