AOL Given New $60.00 Price Target at Telsey Advisory Group (AOL)
Research analysts at Telsey Advisory Group boosted their price target on shares of AOL (NYSE:AOL) from $52.00 to $60.00 in a report released on Monday, Analyst Ratings.Net reports. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price target points to a potential upside of 35.14% from the stock’s previous close.
A number of other analysts have also recently weighed in on AOL. Analysts at Zacks upgraded shares of AOL from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, November 26th. They now have a $47.60 price target on the stock. Separately, analysts at RBC Capital downgraded shares of AOL from an “outperform” rating to a “sector perform” rating in a research note to investors on Monday, November 25th. They now have a $46.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Topeka Capital Markets raised their price target on shares of AOL from $43.00 to $50.00 in a research note to investors on Wednesday, November 6th. They now have a “buy” rating on the stock. Eight equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $45.54.
AOL (NYSE:AOL) traded up 1.01% on Monday, hitting $44.85. The stock had a trading volume of 66,863 shares. AOL has a 52-week low of $29.16 and a 52-week high of $46.98. The stock’s 50-day moving average is $44.74 and its 200-day moving average is $38.14. The company has a market cap of $3.519 billion and a price-to-earnings ratio of 40.40.
AOL (NYSE:AOL) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.02 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.35 by $0.33. The company had revenue of $561.00 million for the quarter, compared to the consensus estimate of $548.81 million. During the same quarter last year, the company posted $0.22 earnings per share. AOL’s revenue was up 5.6% compared to the same quarter last year. Analysts expect that AOL will post $2.03 EPS for the current fiscal year.
AOL Inc (NYSE:AOL) is a global Web services company with a range of brands and offerings and a global audience.
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