Magal Security Systems (NYSE:ID) Coverage Initiated by Analysts at Canaccord Genuity

Canaccord Genuity assumed coverage on shares of Magal Security Systems (NYSE:ID) in a research note issued to investors on Wednesday morning, Analyst Price Targets reports. The firm issued a buy rating and a $12.00 target price on the stock.

Separately, DA Davidson started coverage on Magal Security Systems in a research note on Monday, March 29th. They issued a buy rating and a $12.00 price objective for the company.

Shares of Magal Security Systems stock opened at $7.82 on Wednesday. Magal Security Systems has a 12 month low of $4.72 and a 12 month high of $11.36.

About Magal Security Systems

PARTS iD, Inc, a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. It offers automobile accessories, wheels and tires, performance parts, and lighting and repair parts, as well as parts and accessories for semi-trucks, motorcycles, powersports, RVs/campers, boats, outdoor sports and camping gear, and tools.

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