Datto Holding Corp. – Consensus Indicates Potential -2.1% Downside

Broker Ratings

Datto Holding Corp. found using ticker (MSP) now have 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 35.5 and 29 calculating the average target price we see 34.25. Given that the stocks previous close was at 34.99 this is indicating there is a potential downside of -2.1%. The 50 day moving average now sits at 34.69 while the 200 day moving average is 27.94. The company has a market cap of $5,822m. Company Website: https://www.datto.com

The potential market cap would be $5,698m based on the market concensus.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits

Datto Holding Corp. provides cloud-based software and technology solutions for delivery through the managed service provider (MSP) channel to small and medium businesses in the United States and internationally. Its Unified Continuity products include Business Continuity and Disaster Recovery that protects servers and workstations, and minimize downtime; Cloud Continuity, an image-based continuity solution for laptops and desktops; SaaS Protection +, an automated and secure backup and restoration product; Workplace, a cloud-hosted file sync and share solution, which enable end-users to synchronize files across platforms, including mobile devices; and File Protection, an MSP-managed secure and scalable backup product that enables MSPs to protect and recover files and folders on workstations and laptops. The company’s networking Products comprise access points, switches, edge routers, and managed power devices. Its business management products consist of Autotask Professional Services Automation, an IT business management product; and remote monitoring and management. The company was formerly known as Merritt Topco and changed its name to Datto Holding Corp. in January 2020. Datto Holding Corp. was founded in 2007 and is headquartered in Norwalk, Connecticut.

Good news travels fast (but only if you make that happen). Share on:

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index