Zacks: STHREE (STREF) Receives Consensus Recommendation of “Strong Buy” from Brokerages

STHREE (NASDAQ:STREF) has been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating. STHREE’s rating score has improved by 50% from three months ago as a result of various analysts’ upgrades and downgrades.

Zacks has also assigned STHREE an industry rank of 219 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research raised STHREE from a “hold” rating to a “buy” rating and set a $4.75 price objective on the stock in a report on Tuesday, June 27th.

STHREE (NASDAQ STREF) traded up 1.36709% during midday trading on Friday, reaching $3.97359. 23,960 shares of the company were exchanged. STHREE has a 52-week low of $2.78 and a 52-week high of $4.21. The firm has a market capitalization of $511.40 million and a P/E ratio of 12.41747.

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