Cantor Fitzgerald Cuts Sui Group (NASDAQ:SUIG) Price Target to $1.90

Sui Group (NASDAQ:SUIG) had its price target decreased by Cantor Fitzgerald from $2.50 to $1.90 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target suggests a potential upside of 46.15% from the stock’s current price.

Several other research analysts also recently issued reports on SUIG. Zacks Research upgraded shares of Sui Group to a “hold” rating in a report on Friday, May 29th. Weiss Ratings began coverage on Sui Group in a research report on Wednesday, April 8th. They set a “sell (d-)” rating on the stock. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $1.90.

Sui Group Stock Up 12.1%

NASDAQ:SUIG traded up $0.14 on Wednesday, hitting $1.30. The company had a trading volume of 126,738 shares, compared to its average volume of 502,260. Sui Group has a 52 week low of $1.07 and a 52 week high of $8.66. The stock has a market cap of $99.84 million, a PE ratio of -7.33 and a beta of 1.18. The company’s 50 day moving average price is $1.48.

About Sui Group

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc Mill City Ventures III, Ltd.