Angie’s List (ANGI) Coverage Initiated by Analysts at Evercore ISI
Evercore ISI started coverage on shares of Angie’s List (NASDAQ:ANGI) in a research report released on Tuesday. The brokerage issued an in-line rating and a $12.00 price objective on the technology company’s stock.
A number of other brokerages also recently issued reports on ANGI. Goldman Sachs Group initiated coverage on shares of Angie’s List in a research report on Wednesday, October 11th. They issued a buy rating and a $14.00 price objective for the company. Zacks Investment Research raised shares of Angie’s List from a strong sell rating to a hold rating in a research report on Monday, October 16th. Oppenheimer reaffirmed an outperform rating and issued a $14.00 price objective on shares of Angie’s List in a research report on Thursday, October 5th. BidaskClub raised shares of Angie’s List from a strong sell rating to a sell rating in a research report on Saturday, August 19th. Finally, Wells Fargo & Company raised shares of Angie’s List from a market perform rating to an outperform rating and set a $14.00 price objective for the company in a research report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $12.13.
Shares of Angie’s List (ANGI) traded down $0.07 during mid-day trading on Tuesday, reaching $11.02. 601,100 shares of the company’s stock were exchanged, compared to its average volume of 671,544. Angie’s List has a twelve month low of $5.22 and a twelve month high of $13.74. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.08.
Several institutional investors have recently added to or reduced their stakes in ANGI. Capital Research Global Investors bought a new position in shares of Angie’s List during the 2nd quarter valued at approximately $37,217,000. Stephens Investment Management Group LLC grew its position in shares of Angie’s List by 2,069.8% during the 3rd quarter. Stephens Investment Management Group LLC now owns 2,019,753 shares of the technology company’s stock valued at $25,166,000 after acquiring an additional 1,926,670 shares during the period. Davis Selected Advisers boosted its holdings in Angie’s List by 36.9% in the 2nd quarter. Davis Selected Advisers now owns 4,524,585 shares of the technology company’s stock worth $57,869,000 after buying an additional 1,218,944 shares during the period. RWC Asset Management LLP bought a new position in Angie’s List in the 3rd quarter worth approximately $6,230,000. Finally, Vanguard Group Inc. boosted its holdings in Angie’s List by 5.5% in the 1st quarter. Vanguard Group Inc. now owns 4,367,386 shares of the technology company’s stock worth $24,895,000 after buying an additional 228,084 shares during the period. 68.65% of the stock is owned by hedge funds and other institutional investors.
ILLEGAL ACTIVITY WARNING: “Angie’s List (ANGI) Coverage Initiated by Analysts at Evercore ISI” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/12/06/angies-list-angi-coverage-initiated-by-analysts-at-evercore-isi.html.
Angie’s List Company Profile
ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.
Receive News & Stock Ratings for Angie's List Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angie's List Inc. and related stocks with our FREE daily email newsletter.