Angie’s List Upgraded to Buy by B. Riley (ANGI)
Angie’s List (NASDAQ:ANGI) was upgraded by equities research analysts at B. Riley from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $25.50 price objective on the stock, up from their previous price objective of $15.00. B. Riley’s price target suggests a potential upside of 51.79% from the company’s current price.
Separately, analysts at Raymond James upgraded shares of Angie’s List from an “outperform” rating to a “strong-buy” rating in a research note to investors on Thursday, January 9th. They now have a $23.00 price target on the stock. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $23.47.
Shares of Angie’s List (NASDAQ:ANGI) traded up 3.19% on Friday, hitting $16.80. The stock had a trading volume of 3,013,697 shares. Angie’s List has a one year low of $11.55 and a one year high of $28.32. The stock has a 50-day moving average of $14.01 and a 200-day moving average of $18.0. The company’s market cap is $981.5 million.
In other Angie’s List news, Director Keith Krach sold 6,500 shares of the stock on the open market in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $15.37, for a total value of $99,905.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Angie’s List, Inc (NASDAQ:ANGI) operates a consumer-driven service for members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services.
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