LADENBURG THALM/SH SH Initiates Coverage on Creative Realities (NASDAQ:CREX)

Equities researchers at LADENBURG THALM/SH SH began coverage on shares of Creative Realities (NASDAQ:CREX) in a research report issued to clients and investors on Monday,Benzinga reports. The firm set a “buy” rating and a $6.00 price target on the stock. LADENBURG THALM/SH SH’s target price would indicate a potential upside of 102.02% from the stock’s previous close.

Creative Realities Stock Down 1.3 %

Creative Realities stock opened at $2.97 on Monday. Creative Realities has a 52 week low of $2.05 and a 52 week high of $5.20. The business has a 50-day simple moving average of $3.76 and a 200 day simple moving average of $4.22. The stock has a market cap of $31.04 million, a price-to-earnings ratio of 19.80 and a beta of 3.20.

Hedge Funds Weigh In On Creative Realities

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of Creative Realities by 21.5% in the 3rd quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock worth $325,000 after purchasing an additional 12,546 shares in the last quarter. Essex Investment Management Co. LLC bought a new stake in shares of Creative Realities in the 3rd quarter valued at about $118,000. Dimensional Fund Advisors LP lifted its stake in shares of Creative Realities by 370.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock valued at $230,000 after acquiring an additional 38,610 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC bought a new stake in shares of Creative Realities in the 2nd quarter valued at about $206,000. 41.32% of the stock is currently owned by hedge funds and other institutional investors.

About Creative Realities

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company’s solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and web-based media that enables its customers to engage with their consumers.