Conversant (CNVR) Set to Announce Quarterly Earnings on Wednesday
Conversant (NASDAQ:CNVR) will issue its quarterly earnings data on Wednesday, August 6th. Parties interested in listening to the company’s conference call can do so using this link.
Conversant (NASDAQ:CNVR) opened at 25.41 on Tuesday. Conversant has a one year low of $18.62 and a one year high of $28.79. The stock’s 50-day moving average is $24.55 and its 200-day moving average is $24.56. The company has a market cap of $1.702 billion and a P/E ratio of 13.42.
On a related note, analysts at B. Riley reiterated a “buy” rating on shares of Conversant in a research note on Wednesday, May 7th. They now have a $27.00 price target on the stock, down previously from $29.00. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Conversant presently has a consensus rating of “Hold” and a consensus target price of $22.00.
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.
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