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Ciber, Inc. (CBR) [hlAlert]

Rating:
Buy CBR
down 8.64 %

Ciber, Inc. (CBR) rated Buy with price target $5 by Stifel Nicolaus

Posted on: Thursday,  May 6, 2010  9:44 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Ciber, Inc. (NYSE: CBR) on 05/06/2010, when the stock price was $3.70. Since
then, Ciber, Inc. has lost 8.65% as of 10/23/2015's recent price of $3.38.
If you would have followed this Stifel Nicolaus's recommendation on CBR, you would have lost 8.64% of your investment in 1996 days.

CIBER, Inc. (CIBER) is system integration and information technology (IT) services consulting firm. CIBER provides IT system integration consulting and other IT services primarily to governmental agencies, and Fortune 1000 and middle market companies across industries. The Company provides its clients with a range of IT services, including custom and package software development, maintenance, implementation and integration. To a lesser extent, the Company also resells certain IT hardware and software products. CIBER operates in five business segments: Commercial Division, European Division, State & Local Government Division, Federal Government Division and Enterprise Solutions Division. On April 15, 2008, the Company?s Europe division acquired a Norwegian SAP consultancy. In Janaury 2009, the Company completed the acquisition of Iteamic Private Ltd. In February 2009, the Company completed the acquisition of Canon Technology Solutions, Inc.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2010 8:25 AM Buy
None
3.70 5.00
as of 12/31/2010
1 Week up  14.01 %
1 Month up  45.23 %
3 Months up  62.12 %
1 YTD up  31.89 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2010 8:25 AM Buy
None
3.70 5.00
1/16/2008 8:25 AM Hold
None
5.11

(*) Stock Price at the time of the recommendation.
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