Endurance International Group Hldgs Receives Average Rating of “Buy” from Brokerages (NASDAQ:EIGI)
Endurance International Group Hldgs (NASDAQ:EIGI) has been given a consensus recommendation of “Buy” by the eight brokerages that are currently covering the company, American Banking and Market News reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $17.52.
Shares of Endurance International Group Hldgs (NASDAQ:EIGI) traded down 0.59% on Tuesday, hitting $13.38. The stock had a trading volume of 20,981 shares. Endurance International Group Hldgs has a 1-year low of $10.41 and a 1-year high of $16.33. The stock’s 50-day moving average is $13.71 and its 200-day moving average is $13.64. The company’s market cap is $1.729 billion.
Endurance International Group Hldgs (NASDAQ:EIGI) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.02. On average, analysts predict that Endurance International Group Hldgs will post $1.01 earnings per share for the current fiscal year.
EIGI has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Endurance International Group Hldgs from a “neutral” rating to an “underperform” rating in a research note on Wednesday, August 13th. They now have a $13.10 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Endurance International Group Hldgs from $22.00 to $23.00 in a research note on Friday, August 8th. Finally, analysts at Goldman Sachs downgraded shares of Endurance International Group Hldgs from a “buy” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $15.00 price target on the stock.
Endurance International Group Holdings, Inc is a provider of cloud-based solutions. Its solutions are designed to help small- and medium-sized businesses (NASDAQ:EIGI).
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