RetailMeNot Inc (NASDAQ:SALE) has been assigned a consensus rating of “Hold” from the eleven analysts that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell rating and eight have issued a hold rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $10.56.

A number of equities research analysts recently weighed in on SALE shares. Royal Bank Of Canada reiterated a “hold” rating and set a $11.60 price objective on shares of RetailMeNot in a report on Friday, May 19th. Loop Capital reiterated a “market perform” rating and set a $11.50 price objective on shares of RetailMeNot in a report on Friday, April 14th. Dougherty & Co lowered shares of RetailMeNot from a “buy” rating to a “sell” rating and set a $11.60 price objective for the company. in a report on Tuesday, April 11th. Finally, Jefferies Group LLC lowered shares of RetailMeNot from a “buy” rating to a “hold” rating and decreased their price objective for the company from $12.00 to $11.60 in a report on Tuesday, April 11th.

RetailMeNot (NASDAQ SALE) traded up 0.000% during trading on Monday, reaching $11.575. The company has a 50-day moving average price of $11.02 and a 200 day moving average price of $9.51. RetailMeNot has a 52-week low of $6.83 and a 52-week high of $12.93.

Several large investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio raised its stake in RetailMeNot by 16.2% in the first quarter. Public Employees Retirement System of Ohio now owns 38,560 shares of the technology company’s stock valued at $312,000 after buying an additional 5,380 shares in the last quarter. Credit Suisse AG raised its stake in RetailMeNot by 175.4% in the first quarter. Credit Suisse AG now owns 92,273 shares of the technology company’s stock valued at $747,000 after buying an additional 58,770 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in RetailMeNot by 6.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 147,334 shares of the technology company’s stock valued at $1,194,000 after buying an additional 8,379 shares in the last quarter. KCG Holdings Inc. raised its stake in RetailMeNot by 18.9% in the first quarter. KCG Holdings Inc. now owns 24,873 shares of the technology company’s stock valued at $201,000 after buying an additional 3,951 shares in the last quarter. Finally, Morgan Stanley raised its stake in RetailMeNot by 61.1% in the first quarter. Morgan Stanley now owns 215,057 shares of the technology company’s stock valued at $1,743,000 after buying an additional 81,536 shares in the last quarter. Institutional investors and hedge funds own 81.00% of the company’s stock.

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RetailMeNot Company Profile

RetailMeNot Inc operates a savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. The Company operates through two segments: Core and Gift Card. The Core segment consists of all other products and services that are related to its marketplace for digital offers.

Analyst Recommendations for RetailMeNot (NASDAQ:SALE)

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