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).
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.