Jefferies Group began coverage on shares of Apptio Inc (NASDAQ:APTI) in a research note issued on Tuesday, The Fly reports. The brokerage set a “buy” rating on the stock.
APTI has been the subject of several other reports. Goldman Sachs Group Inc. began coverage on Apptio in a research note on Tuesday. They set a “neutral” rating for the company. Pacific Crest initiated coverage on Apptio in a research report on Tuesday. They issued an “overweight” rating for the company. Finally, Bank of America Corp. initiated coverage on Apptio in a research report on Tuesday. They issued a “buy” rating for the company. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy”.
Shares of Apptio (NASDAQ:APTI) opened at 20.52 on Tuesday. Apptio has a 12 month low of $18.78 and a 12 month high of $24.60. The company’s market capitalization is $267.70 million. The firm’s 50-day moving average price is $20.85 and its 200-day moving average price is $20.85.
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