Share on StockTwits
 

Conversant (NASDAQ:CNVR) has earned a consensus rating of “Hold” from the eighteen ratings firms that are covering the company, Stock Ratings Network.com reports. Four research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $24.57.

A number of analysts have recently weighed in on CNVR shares. Analysts at B. Riley raised their price target on shares of Conversant from $27.00 to $29.00 in a research note on Thursday. Separately, analysts at Craig Hallum upgraded shares of Conversant from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, analysts at Ned Davis Research upgraded shares of Conversant from a “neutral” rating to a “buy” rating in a research note on Monday, December 30th.

Conversant (NASDAQ:CNVR) opened at 25.055 on Thursday. Conversant has a 52 week low of $18.62 and a 52 week high of $32.25. The stock has a 50-day moving average of $22.50 and a 200-day moving average of $21.47. The company has a market cap of $1.673 billion and a P/E ratio of 20.83.

Conversant (NASDAQ:CNVR) last announced its earnings results on Tuesday, February 11th. The company reported $0.67 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.57 by $0.10. The company had revenue of $176.40 million for the quarter, compared to the consensus estimate of $168.68 million. During the same quarter in the prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up 5.9% on a year-over-year basis. On average, analysts predict that Conversant will post $1.48 earnings per share for the current fiscal year.

Conversant Inc, formerly ValueClick, Inc, is a digital marketing services company. The Company offers a suite of products and services that enable marketers to engage with their potential customers online and through mobile devices to spread brand awareness and generate leads and sales.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.