Telos (NASDAQ:TLS) Given New $4.50 Price Target at BMO Capital Markets

Telos (NASDAQ:TLS) had its price objective increased by BMO Capital Markets from $3.00 to $4.50 in a research note released on Wednesday,Benzinga reports. They currently have a market perform rating on the stock.

Several other brokerages have also recently weighed in on TLS. Needham & Company LLC restated a “hold” rating on shares of Telos in a research note on Monday, August 12th. B. Riley reissued a “buy” rating and set a $5.00 price target on shares of Telos in a research report on Thursday, August 29th. Finally, DA Davidson reduced their price objective on shares of Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a research report on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $4.80.

Telos Stock Performance

TLS stock opened at $3.30 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.70 and a current ratio of 3.64. Telos has a twelve month low of $1.89 and a twelve month high of $5.03. The stock’s 50 day moving average is $3.62 and its 200-day moving average is $3.69.

Institutional Trading of Telos

Several hedge funds have recently added to or reduced their stakes in the stock. US Bancorp DE bought a new position in shares of Telos during the 3rd quarter worth $39,000. Intech Investment Management LLC bought a new stake in shares of Telos in the third quarter valued at approximately $49,000. SG Americas Securities LLC purchased a new stake in shares of Telos during the 1st quarter valued at approximately $58,000. Lazard Asset Management LLC purchased a new position in Telos in the 1st quarter valued at approximately $58,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Telos during the 3rd quarter valued at $64,000. Institutional investors own 62.14% of the company’s stock.

About Telos

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.