Capitol Acquisition Corp. III (CISN) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of Capitol Acquisition Corp. III (NYSE:CISN) from a hold rating to a buy rating in a research note released on Monday. Zacks Investment Research currently has $13.00 price objective on the stock.

According to Zacks, “Cision Ltd. operates as a software company. Its product portfolio consists of PR Software, Social Software, Government Relations and PAC Software, PRWeb and Help a reporter out. The company serves industries which include Pharmaceuticals and Bio-Tech, Banking, Technology, Travel and Hospitality. Cision Ltd, formerly known as Capitol Acquisition Corp. III, is based in Chicago, United States of America. “

Several other equities analysts have also recently weighed in on CISN. Credit Suisse Group initiated coverage on Capitol Acquisition Corp. III in a report on Thursday, July 20th. They set an outperform rating for the company. Citigroup Inc. initiated coverage on Capitol Acquisition Corp. III in a report on Friday, July 28th. They set a buy rating and a $13.00 price target for the company. Finally, Deutsche Bank AG initiated coverage on Capitol Acquisition Corp. III in a report on Monday, July 31st. They set a buy rating and a $16.00 price target for the company.

Capitol Acquisition Corp. III (NYSE:CISN) traded down $0.02 during midday trading on Monday, reaching $11.50. The company’s stock had a trading volume of 176,400 shares, compared to its average volume of 388,248. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.64 and a quick ratio of 3.64. Capitol Acquisition Corp. III has a fifty-two week low of $9.80 and a fifty-two week high of $13.68.

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