Independent Analyst Issues Buy Rating, $1.20 Valua
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An independent analyst report issued by Small Cap IR has set a “Buy” rating on intellectual property (IP) investor Inventergy Global, Inc., setting a price target of $1.20 per share on the stock and calling it a “compelling and very attractive” play.
To access the report visit: http://bit.ly/–INVT–AnalystReport
California-based Inventergy identifies, acquires and licenses patented technologies primarily in the telecommunications sector. The company’s current patent portfolio includes more than 760 patents acquired from industry leaders.
“Inventergy has invested in a number of telecom areas like 3G, 3G Femtocell, 4G and IMS. As the company continues to augment its patent library from acquisitions, such as those from Huawei, Panasonic, and Nokia, the company strengthens its presence and leadership in strategic telecom segments. The position creates a significant profit opportunity for Inventergy and its shareholders, both near term and long term,” reads the report.
Careful to emphasize that Inventergy does not participate in “patent trolling,” but rather is focused on monetizing growth via partnerships alliances using the patents, the independent analyst in conclusion cites Inventergy’s industry-renowned leadership and overall value in the IP market as reason for the strong rating.
“Inventergy Global is a visionary leader in the IP industry because of its seasoned management who are recognized in the industry as world leading veteran IP strategists. The company’s large number of patents, its vision to monetize on these patents with a win – win relationship with clients who create innovative, world beating products is a compelling idea. IP is highly valued in the corporate world. The number and high value of IP transactions only point to its growth and contribution to economic value to leading companies in S&P 500. That is why we recommend INVT as a compelling idea and very attractive stock.”
The $1.20 price target represents potential upside of 81% from the stock’s current trading price. In Thursday’s early morning trade, shares of Inventergy are up 3.5% at $0.66 in a 52-week range of $0.39-$13.44.
For more information on the company, visit www.inventergy.com
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