STUB (NYSE:STUB) Stock Rating Upgraded by Wall Street Zen

STUB (NYSE:STUB) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Several other research firms also recently issued reports on STUB. Craig Hallum started coverage on STUB in a research note on Thursday, January 29th. They issued a “hold” rating and a $12.00 price objective for the company. Weiss Ratings initiated coverage on shares of STUB in a research report on Wednesday, January 14th. They issued a “sell (d-)” rating for the company. Finally, Citigroup began coverage on shares of STUB in a research note on Tuesday, January 20th. They set a “sell” rating and a $13.00 price target for the company. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, STUB has a consensus rating of “Sell” and a consensus price target of $12.50.

STUB Stock Performance

Shares of STUB stock opened at $9.91 on Friday. STUB has a twelve month low of $9.56 and a twelve month high of $27.89. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $3.64 billion and a P/E ratio of -16.52.

Institutional Investors Weigh In On STUB

A number of institutional investors have recently modified their holdings of the company. CWM LLC increased its position in shares of STUB by 56,638.1% during the fourth quarter. CWM LLC now owns 276,882 shares of the company’s stock worth $3,746,000 after buying an additional 276,394 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in STUB in the fourth quarter valued at $1,044,000. Garner Asset Management Corp bought a new stake in STUB during the fourth quarter valued at $92,000. International Assets Investment Management LLC acquired a new stake in STUB during the 4th quarter worth about $149,000. Finally, Baader Bank Aktiengesellschaft bought a new position in shares of STUB in the 4th quarter worth about $1,015,000.

STUB Company Profile

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.