Cantor Fitzgerald Has Lowered Expectations for Sui Group (NASDAQ:SUIG) Stock Price

Sui Group (NASDAQ:SUIG) had its price objective reduced by equities researchers at Cantor Fitzgerald from $1.90 to $1.70 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 88.89% from the company’s previous close.

A number of other research firms have also commented on SUIG. Zacks Research raised Sui Group to a “hold” rating in a research report on Friday, May 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sui Group in a report on Monday, July 6th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Sui Group has an average rating of “Hold” and an average price target of $1.70.

Sui Group Trading Up 0.1%

Shares of Sui Group stock opened at $0.90 on Friday. Sui Group has a 52 week low of $0.83 and a 52 week high of $8.66. The business has a 50 day moving average of $1.18. The stock has a market capitalization of $69.12 million, a P/E ratio of -5.00 and a beta of 1.32.

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.