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RBC Capital raised their price objective on shares of TubeMogul (NASDAQ:TUBE) from $11.00 to $13.00 in a research note issued on Wednesday. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price indicates a potential upside of 39.83% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Bank of America initiated coverage on shares of TubeMogul in a research note on Tuesday, August 12th. They set a “buy” rating on the stock. Separately, analysts at Citigroup Inc. initiated coverage on shares of TubeMogul in a research note on Tuesday, August 12th. They set a “buy” rating on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of TubeMogul in a research note on Tuesday, August 12th. They set a “market perform” rating and a $10.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $12.33.

Shares of TubeMogul (NASDAQ:TUBE) opened at 9.22 on Wednesday. TubeMogul has a 52-week low of $8.15 and a 52-week high of $11.94. The stock’s 50-day moving average is $9.50 and its 200-day moving average is $9.50. The company’s market cap is $264.5 million.

TubeMogul (NASDAQ:TUBE) last issued its quarterly earnings data on Tuesday, August 26th. The company reported $0.01 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.16. The company had revenue of $28.70 million for the quarter. TubeMogul’s revenue was up 133.3% compared to the same quarter last year. Analysts expect that TubeMogul will post $-0.91 EPS for the current fiscal year.

TubeMogul, Inc is an enterprise software company for digital branding. The Company customers primarily include brands, which generally refer to companies, or product lines within companies, that control advertising budgets for a single marketing brand or a group of marketing brands, and the advertising agencies that serve the Company.

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