Securitize (NYSE:SECZ) Price Target Raised to $13.00

Securitize (NYSE:SECZ) had its price objective increased by Rosenblatt Securities from $11.00 to $13.00 in a report published on Monday,Benzinga reports. They currently have a buy rating on the stock.

Several other equities analysts also recently issued reports on SECZ. Needham & Company LLC started coverage on shares of Securitize in a report on Tuesday, September 8th. They set a “buy” rating and a $11.00 price target for the company. Cantor Fitzgerald started coverage on shares of Securitize in a research note on Monday. They set an “overweight” rating and a $21.20 price objective on the stock. Wall Street Zen lowered shares of Securitize to a “strong sell” rating in a report on Saturday, September 5th. Benchmark cut their target price on shares of Securitize from $16.00 to $10.00 and set a “buy” rating for the company in a research note on Monday, August 17th. Finally, Citizens Jmp initiated coverage on Securitize in a report on Tuesday, August 11th. They issued an “outperform” rating and a $15.00 target price on the stock. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $13.37.

Securitize Stock Up 10.0%

Shares of NYSE:SECZ opened at $14.29 on Monday. The company has a fifty day moving average of $7.56. Securitize has a fifty-two week low of $5.14 and a fifty-two week high of $14.87. The company has a market capitalization of $2.33 billion, a PE ratio of -5.76 and a beta of 1.45.

Securitize (NYSE:SECZ) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($2.37) earnings per share (EPS) for the quarter. The business had revenue of $14.44 million during the quarter. Equities research analysts forecast that Securitize will post -0.81 earnings per share for the current fiscal year.

Securitize News Summary

Here are the key news stories impacting Securitize this week:

• Positive Sentiment: The New York Stock Exchange’s expansion of plans for tokenized stocks strengthened the outlook for Securitize’s platform and reinforced expectations that blockchain-based trading could become more widely adopted. Securitize Hits New High as NYSE Expands Tokenized Stock Plans
• Positive Sentiment: Recent Securities and Exchange Commission developments reportedly provided a “go signal” for tokenized securities trading, boosting confidence in Securitize’s regulatory positioning and growth prospects. Securitize Climbs to All-Time High on Tokenized Securities Go-Signal
• Positive Sentiment: Cantor Fitzgerald initiated coverage with an Overweight rating and a $21.20 price target, citing Securitize’s early position in the tokenization of traditional financial assets. The bullish target encouraged additional buying. Cantor Fitzgerald Sees Big Upside in Securitize
• Positive Sentiment: The broader cryptocurrency rally and optimistic Wall Street estimates added momentum, while inclusion in the S&P Total Market Index could increase visibility and potentially support index-related demand. Securitize Added to S&P TMI Index

About Securitize

Securitize is a financial technology company that provides infrastructure for issuing, managing and trading digital securities on blockchain networks. Its platform enables companies and investment managers to tokenize assets such as private-company shares, private funds, credit products and other real-world assets, while supporting compliance and investor onboarding.

The company offers services including digital securities issuance, transfer-agent and fund-administration capabilities, a marketplace for certain tokenized assets, and investment products through its Securitize Capital business.