Angie's List Given New $18.00 Price Target at RBC Capital (ANGI)
Equities researchers at RBC Capital reduced their target price on shares of Angie's List (NASDAQ:ANGI) from $21.00 to $18.00 in a research report issued on Thursday, AnalystRatings.NET reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target points to a potential upside of 40.41% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG cut their price target on shares of Angie's List from $26.00 to $20.00 in a research note on Thursday, February 13th. They now have a “positive” rating on the stock. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of Angie's List in a research note on Thursday, February 13th. They now have a $22.00 price target on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Angie's List from $22.00 to $16.00 in a research note on Thursday, February 13th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $21.71.
In other Angie's List news, CEO William Seelye Oesterle unloaded 12,800 shares of Angie's List stock on the open market in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $12.14, for a total value of $155,392.00. Following the completion of the transaction, the chief executive officer now directly owns 2,121,658 shares of the company’s stock, valued at approximately $25,756,928. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Angie's List (NASDAQ:ANGI) traded up 3.43% during mid-day trading on Thursday, hitting $13.26. 3,238,907 shares of the company’s stock traded hands. Angie's List has a 52-week low of $11.61 and a 52-week high of $28.32. The stock’s 50-day moving average is $12.69 and its 200-day moving average is $14.10. The company’s market cap is $775.8 million.
Angie's List (NASDAQ:ANGI) last released its earnings data on Wednesday, April 23rd. The company reported ($0.06) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.06). The company had revenue of $72.70 million for the quarter, compared to the consensus estimate of $72.35 million. During the same quarter last year, the company posted ($0.14) earnings per share. Angie's List’s revenue was up 39.3% compared to the same quarter last year. Analysts expect that Angie's List will post $-0.11 EPS for the current fiscal year.
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.
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.