Cemtrex (CETX, Financial) has announced that its subsidiary, Vicon Industries, has secured a substantial purchase order valued at over $500,000. This order is for their NEXT Modular Sensor System and comes from a prominent school district located in Kentucky. The company plans to complete this order during Cemtrex’s fiscal fourth quarter.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Cemtrex Inc (CETX, Financial) is $11.00 with a high estimate of $11.00 and a low estimate of $11.00. The average target implies an upside of 759.38% from the current price of $1.28. More detailed estimate data can be found on the Cemtrex Inc (CETX) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Cemtrex Inc's (CETX, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.