Susquehanna analyst Shyam Patil reiterated a Buy rating on J2 Global (NASDAQ: JCOM) today and set a price target of $100. The company’s shares closed on Friday at $80.37.
According to TipRanks.com, Patil is a 5-star analyst with an average return of 23.1% and a 73.4% success rate. Patil covers the Technology sector, focusing on stocks such as Match Group Inc, Alphabet Inc, and trivago NV.
Currently, the analyst consensus on J2 Global is a Moderate Buy with an average price target of $92, a 14.5% upside from current levels. In a report released today, Robert W. Baird also reiterated a Buy rating on the stock with a $92 price target.
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J2 Global’s market cap is currently $3.85B and has a P/E ratio of 30.61. The company has a Price to Book ratio of 3.73.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JCOM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
j2 Global, Inc. is a holding company, which engages in the provision of Internet services. It operates through the Business Cloud Services and Digital Media segments.
