In a report released today, Edward Yruma from KeyBanc maintained a Buy rating on Etsy Inc (ETSY), with a price target of $75. The company’s shares closed yesterday at $59.01, close to its 52-week high of $60.58.
According to TipRanks.com, Yruma is a 4-star analyst with an average return of 6.6% and a 54.2% success rate. Yruma covers the Services sector, focusing on stocks such as Qurate Retail Group Inc, Blue Apron Holdings Inc, and Wal-Mart Stores Inc.
Currently, the analyst consensus on Etsy Inc is a Strong Buy with an average price target of $65.40, which is a 10.8% upside from current levels. In a report issued on February 13, Roth Capital also maintained a Buy rating on the stock with a $64 price target.
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The company has a one-year high of $60.58 and a one-year low of $20.63. Currently, Etsy Inc has an average volume of 2.59M.
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Etsy, Inc. engages in the management of an online marketplace. It operates a technology platform which allows sellers to manage and scale their business. It offers handmade products such as shoes, clothing, bags, and accessories. It operates through the United States and International geographical segments.
