Several leading Wall Street Analysts have issued new ratings on Wrapmail, Inc (OTC: WRAP) this week, with leading Financial Services firm James Russell Securities increasing it's price target on the stock to $0.67, giving it an "outperform rating.
Newark, NJ -- (SBWIRE) -- 09/05/2012 -- In its report issued Wednesday, James Russell Securities have pointed to revenue growth, new client acquisition and a low projected earnings multiple as the primary catalysts behind price target of $0.67.
They also point to recent consolidation in the sector and view WRAPmail, Inc as a potential takeover target.
Other equities research analysts have also recently issued reports on WRAP. Analysts at Wall Street Equities Research recently issued a $0.75 price target on the stock with a “buy” rating. Separately, analysts at Bay Vista Group, a Private Equity and Wealth Management Firm, initiated coverage on the stock last week with a $0.60 price target after the company announced stronger than expected Q2 revenue growth.
About Wrapmail, Inc
Wrapmail, Inc is a leading provider of dynamic, interactive email branding and marketing solutions. The company’s core product, Wrapmail, is a revolutionary email technology platform that seamlessly allows its users to transform their everyday emails into effective marketing tools to promote their brand, drive traffic, conduct research and increases sales. Wrapmail’s innovative solution has created a powerful new sales and marketing opportunity for businesses and individuals by leveraging their existing email communication streams and infrastructure. By allowing everyday emails to become an effective advertising medium, email users can tap into significant new revenue streams and promote their brand or message.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)