In a report released today, Jason Helfstein from Oppenheimer maintained a Buy rating on ANGI Homeservices Inc (ANGI). The company’s shares closed yesterday at $17.03.
According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 16.7% and a 62.1% success rate. Helfstein covers the Technology sector, focusing on stocks such as Spotify Technology SA, IAC/InterActiveCorp, and Match Group Inc.
ANGI Homeservices Inc has an analyst consensus of Strong Buy, with a price target consensus of $21.50, implying a 26.2% upside from current levels. In a report issued on February 4, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $20 price target.
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Based on ANGI Homeservices Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $36.69 million. In comparison, last year the company had a GAAP net loss of $58.22 million.
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ANGI Homeservices, Inc. is a holding company, which engages in the provision of digital marketplace for home services. It operates through the North America and Europe segments. It offers consumer services and service professional services. The company was founded on April 13, 2017 and is headquartered in Golden, CO.
