Citigroup Cuts IBEX (NASDAQ:IBEX) Price Target to $18.00

IBEX (NASDAQ:IBEX) had its target price cut by Citigroup from $22.00 to $18.00 in a research report report published on Friday, The Fly reports. They currently have a buy rating on the stock.

Several other research firms also recently commented on IBEX. Robert W. Baird started coverage on shares of IBEX in a research report on Tuesday, September 1st. They issued an outperform rating and a $22.00 target price for the company. Truist started coverage on shares of IBEX in a research report on Tuesday, September 1st. They issued a buy rating and a $22.00 target price for the company. Royal Bank of Canada started coverage on shares of IBEX in a research report on Tuesday, September 1st. They issued an outperform rating and a $23.00 target price for the company. Finally, Piper Sandler started coverage on shares of IBEX in a research report on Tuesday, September 1st. They issued an overweight rating and a $20.00 target price for the company. Five analysts have rated the stock with a buy rating, IBEX currently has a consensus rating of Buy and a consensus target price of $20.60.

IBEX stock opened at $13.75 on Friday. IBEX has a 52-week low of $9.27 and a 52-week high of $18.49.

IBEX (NASDAQ:IBEX) last posted its earnings results on Thursday, September 24th. The company reported $0.14 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.14.

About IBEX

IBEX Limited provides technology-enabled customer lifecycle experience solutions in the United States and internationally. The company offers CLX Target, a digital marketing and conversion suite; CLX Connect, an omni-channel platform for consumers to interact with brands through various channels, such as voice, IVR, Web, social, or chatbots; CLX convert, a quoting engine, which aggregates and unifies quotes and deals from various providers at an address level; and CLX Pulse that allow brands to send omni-channel digital surveys supported by text analytics software to analyze customer feedback for accurate sentiment and disposition.

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