Bazaarvoice Coverage Initiated by Analysts at B. Riley (BV)
Equities researchers at B. Riley began coverage on shares of Bazaarvoice (NYSE:BV) in a research report issued to clients and investors on Monday. The firm set a “buy” rating and a $9.75 price target on the stock. B. Riley’s price target suggests a potential upside of 20.67% from the stock’s previous close.
The analysts wrote, “buy”
BV has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Bazaarvoice in a research note on Thursday, June 5th. They now have a $10.00 price target on the stock, down previously from $11.00. Separately, analysts at Pacific Crest cut their price target on shares of Bazaarvoice from $17.00 to $12.00 in a research note on Thursday, June 5th. Finally, analysts at Goldman Sachs cut their price target on shares of Bazaarvoice from $8.00 to $7.00 in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $9.26.
Shares of Bazaarvoice (NYSE:BV) opened at 8.08 on Monday. Bazaarvoice has a 52 week low of $5.85 and a 52 week high of $11.50. The stock’s 50-day moving average is $7.19 and its 200-day moving average is $7.31. The company’s market cap is $603.3 million.
Bazaarvoice (NYSE:BV) last announced its earnings results on Wednesday, June 4th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.01. The company had revenue of $47.10 million for the quarter, compared to the consensus estimate of $45.45 million. During the same quarter in the previous year, the company posted ($0.12) earnings per share. The company’s revenue for the quarter was up 21.1% on a year-over-year basis. On average, analysts predict that Bazaarvoice will post $-0.32 earnings per share for the current fiscal year.
Bazaarvoice, Inc, connects businesses together to amplify the authentic voices of people where they shop.
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