Bazaarvoice, Inc. (NASDAQ:BV) had its price objective increased by research analysts at Credit Suisse Group from $6.00 to $7.00 in a research note issued on Friday. The firm currently has an “outperform” rating on the technology company’s stock. Credit Suisse Group’s target price would indicate a potential upside of 41.41% from the company’s current price.

Several other research firms also recently commented on BV. B. Riley reaffirmed a “buy” rating and set a $5.75 price objective on shares of Bazaarvoice in a research note on Monday, June 12th. Northland Securities set a $7.00 price objective on Bazaarvoice and gave the company a “buy” rating in a research note on Saturday, July 22nd. ValuEngine downgraded Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. BidaskClub raised Bazaarvoice from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $7.00 price objective on shares of Bazaarvoice in a research note on Friday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $6.21.

Bazaarvoice (NASDAQ BV) traded up 5.32% during mid-day trading on Friday, reaching $4.95. The company had a trading volume of 681,954 shares. Bazaarvoice has a 12 month low of $3.80 and a 12 month high of $6.14. The company’s market capitalization is $385.40 million. The firm’s 50 day moving average price is $4.67 and its 200-day moving average price is $4.57.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings data on Thursday, September 7th. The technology company reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. The firm had revenue of $52.20 million during the quarter, compared to the consensus estimate of $49.83 million. Bazaarvoice had a negative return on equity of 8.34% and a negative net margin of 7.92%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. Equities research analysts anticipate that Bazaarvoice will post $0.06 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: “Credit Suisse Group Raises Bazaarvoice, Inc. (BV) Price Target to $7.00” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/09/08/credit-suisse-group-raises-bazaarvoice-inc-bv-price-target-to-7-00.html.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BV. Goldman Sachs Group Inc. grew its holdings in shares of Bazaarvoice by 1.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 74,874 shares of the technology company’s stock worth $371,000 after acquiring an additional 866 shares during the period. Bank of America Corp DE grew its holdings in shares of Bazaarvoice by 3.2% in the 1st quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock worth $203,000 after acquiring an additional 1,469 shares during the period. Tudor Investment Corp ET AL grew its holdings in shares of Bazaarvoice by 6.6% in the 2nd quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock worth $122,000 after acquiring an additional 1,516 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in shares of Bazaarvoice by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock worth $1,667,000 after acquiring an additional 2,014 shares during the period. Finally, American International Group Inc. grew its holdings in shares of Bazaarvoice by 7.1% in the 1st quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock worth $217,000 after acquiring an additional 3,358 shares during the period. Institutional investors own 77.67% of the company’s stock.

About Bazaarvoice

Bazaarvoice, Inc offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

Receive News & Ratings for Bazaarvoice Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bazaarvoice Inc. and related companies with MarketBeat.com's FREE daily email newsletter.