Angie’s List Receives New Coverage from Analysts at Piper Jaffray (ANGI)
Equities research analysts at Piper Jaffray started coverage on shares of Angie’s List (NASDAQ: ANGI) in a research note issued to investors on Wednesday. The firm set an “overweight” rating and a $25.00 price target on the stock.
A number of other firms have also recently commented on ANGI. Analysts at Northland Capital raised their price target on shares of Angie’s List from $15.00 to $24.00 in a research note to investors on Friday, February 15th. Separately, analysts at Deutsche Bank raised their price target on shares of Angie’s List from $12.00 to $18.00 in a research note to investors on Friday, February 15th. They now have a “hold” rating on the stock. Finally, analysts at Barrington Research downgraded shares of Angie’s List from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, February 14th. They now have a $15.00 price target on the stock.
Shares of Angie’s List traded up 1.78% during mid-day trading on Wednesday, hitting $18.25. Angie’s List has a 52 week low of $8.94 and a 52 week high of $19.82. The stock’s 50-day moving average is currently $14.20. The company’s market cap is $1.055 billion.
Angie’s List last announced its earnings results on Wednesday, February 13th. The company reported $0.04 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.06. The company had revenue of $46.20 million for the quarter, compared to the consensus estimate of $45.58 million. During the same quarter last year, the company posted ($0.14) earnings per share. Angie’s List’s revenue was up 68.6% compared to the same quarter last year. On average, analysts predict that Angie’s List will post $-0.48 earnings per share for the current fiscal year.
Angie’s List, Inc. (Angie’s List) operates a consumer-driven solution for its members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services.
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