TomTom Stock Rating Reaffirmed by Kepler Cheuvreux (TOM2)

TomTom (AMS: TOM2)‘s stock had its “hold” rating reiterated by investment analysts at Kepler Cheuvreux in a note issued to investors on Wednesday, Stock Ratings Network reports. They currently have a €4.00 ($5.19) price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated a “reduce” rating on shares of TomTom in a research note to investors on Thursday, May 16th. They now have a €3.62 ($4.70) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of TomTom in a research note to investors on Wednesday, April 24th. They now have a €2.00 ($2.60) price target on the stock.

Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €3.61 ($4.69).

Shares of TomTom (AMS: TOM2) traded down 0.03% during mid-day trading on Wednesday, hitting €3.95. TomTom has a 52 week low of €2.957 and a 52 week high of €4.40. The stock’s 50-day moving average is currently €3.67.

TomTom NV is a Netherlands-based supplier of location and navigation products and services. The Company’s structure consists of four customer facing business units, namely Consumer, Automotive, Business Solutions and Licensing.

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