Pagerduty Inc (PD) Receives $5.00 Consensus PT from Brokerages

Pagerduty Inc (NYSE:PD) has received an average rating of “Buy” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $40.33.

PD has been the subject of a number of research reports. Raymond James reaffirmed a “buy” rating and issued a $5.00 target price on shares of Pagerduty in a report on Tuesday, March 19th. Morgan Stanley started coverage on shares of Pagerduty in a report on Monday. They issued an “equal weight” rating and a $47.00 target price on the stock. BTIG Research initiated coverage on shares of Pagerduty in a report on Monday. They set a “neutral” rating on the stock. William Blair assumed coverage on shares of Pagerduty in a research report on Monday. They set an “outperform” rating and a $36.00 price objective on the stock. Finally, JPMorgan Chase & Co. started coverage on shares of Pagerduty in a report on Monday. They set an “overweight” rating and a $55.00 price objective for the company.

NYSE PD opened at $49.08 on Monday. Pagerduty has a 1 year low of $36.00 and a 1 year high of $50.47.

In other Pagerduty news, insider Dan Alexandru Solomon sold 342,000 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $22.32, for a total transaction of $7,633,440.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

About Pagerduty

PagerDuty, Inc operates a digital operations management platform. It provides incident management solution that integrates with information technology Ops and DevOps monitoring stacks to improve operational reliability and agility. The company was founded by Andrew Miklas, Baskar Puvanathasan, and Dan Alexandru Solomon in 2009 and is headquartered in San Francisco, CA.

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Analyst Recommendations for Pagerduty (NYSE:PD)

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