Vistaprint N.V. PT Lowered to $53.00 (VPRT)
Stock analysts at Jefferies Group cut their price target on shares of Vistaprint N.V. (NASDAQ:VPRT) from $55.00 to $53.00 in a report issued on Thursday, American Banking & Market News reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective indicates a potential downside of 1.94% from the stock’s previous close.
Vistaprint N.V. (NASDAQ:VPRT) traded up 1.35% on Thursday, hitting $54.05. 162,664 shares of the company’s stock traded hands. Vistaprint N.V. has a one year low of $28.17 and a one year high of $57.54. The stock has a 50-day moving average of $54.62 and a 200-day moving average of $50.20. The company has a market cap of $1.777 billion and a P/E ratio of 62.74.
Vistaprint N.V. (NASDAQ:VPRT) last released its earnings data on Tuesday, October 29th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.38 by $0.06. The company had revenue of $275.10 million for the quarter, compared to the consensus estimate of $275.18 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis. On average, analysts predict that Vistaprint N.V. will post $2.70 earnings per share for the current fiscal year.
VPRT has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald raised their price target on shares of Vistaprint N.V. from $60.00 to $66.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Barclays initiated coverage on shares of Vistaprint N.V. in a research note to investors on Friday, September 6th. They set an “underweight” rating on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Vistaprint N.V. from $39.00 to $56.00 in a research note to investors on Wednesday, August 7th. They now have a “market perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $51.00.
Vistaprint N.V. is a online provider of coordinated portfolios of customized marketing products and services to micro businesses worldwide.
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