Companies in the Services sector have received a lot of coverage today as analysts weigh in on comScore (SCOR) and AutoWeb Inc (AUTO).
In a report issued on August 13, Victor Anthony from Aegis Capital maintained a Buy rating on comScore. The company’s shares closed last Monday at $1.79, close to its 52-week low of $1.76.
“We view SCOR as a speculative Buy, given the no-growth model but with the option for the company to pursue strategic alternatives, which can include asset sales or a full sale of the company. The major media companies have, in the past, thought of ways to lessen their dependence on Nielsen, with one of the ideas being a group acquisition of SCOR. However, given current anticipated mergers among the media conglomerates (VIAB/CBS) we are unsure what the appetite would be for a full acquisition of SCOR at this time. Nonetheless, we see this option as still relevant in the future. We updated our model and instituted a $6 price target on the shares.”
According to TipRanks.com, Anthony is a top 100 analyst with an average return of 15.1% and a 65.1% success rate. Anthony covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, The Meet Group Inc, and Match Group Inc.
comScore has an analyst consensus of Moderate Buy, with a price target consensus of $6.50, representing a 229.9% upside. In a report issued on August 7, Loop Capital Markets also maintained a Buy rating on the stock with a $5 price target.
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AutoWeb Inc (AUTO)
Barrington analyst Gary Prestopino maintained a Hold rating on AutoWeb Inc yesterday. The company’s shares closed last Monday at $2.01, close to its 52-week low of $1.90.
According to TipRanks.com, Prestopino has 0 stars on 0-5 star ranking scale with an average return of -5.5% and a 37.5% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.
Currently, the analyst consensus on AutoWeb Inc is a Moderate Buy with an average price target of $5.
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