Zacks: Social Reality Inc. (SRAX) Given Consensus Rating of “Strong Buy” by Brokerages
Social Reality Inc. (NASDAQ:SRAX) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus target price of $5.00 for the company, according to Zacks. Zacks has also given Social Reality an industry rank of 223 out of 265 based on the ratings given to its competitors.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Social Reality from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Chardan Capital reaffirmed a “buy” rating on shares of Social Reality in a report on Tuesday, September 26th. Finally, ValuEngine raised Social Reality from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 17th.
Social Reality Company Profile
Social Reality, Inc is an Internet advertising and platform technology company. The Company provides tools to automate the digital advertising market. It is engaged in the sales of digital media advertising campaigns to advertising agencies and brands; sales of media inventory through real-time bidding (RTB) exchanges; sale and licensing of its SRAX Social platform and related media, and creation of custom platforms for buying media on SRAX for various brands.
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