After KeyBanc and Oppenheimer gave ANGI Homeservices (NASDAQ: ANGI) a Buy rating last month, the company received another Buy, this time from Needham. Analyst Brad Erickson assigned a Buy rating to ANGI Homeservices today and set a price target of $13.00. The company’s shares closed last Friday at $10.01.
According to TipRanks.com, Erickson is a 5-star analyst with an average return of 29.3% and a 56.3% success rate. Erickson covers the Technology sector, focusing on stocks such as Zillow Group Class A, Zillow Group Class C, and Fiverr International.
Currently, the analyst consensus on ANGI Homeservices is a Strong Buy with an average price target of $16.00, implying a 63.1% upside from current levels. In a report issued on October 29, Credit Suisse also initiated coverage with a Buy rating on the stock with a $19.00 price target.
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The company has a one-year high of $17.05 and a one-year low of $4.10. Currently, ANGI Homeservices has an average volume of 3.41M.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ANGI 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.
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 North America segment includes the operations HomeAdvisor, Angie’s List, Handy, mHelpDesk, HomeStars and Fixd Repai. The Europe segment includes the operations of Travaux, MyHammer, MyBuilder, Werkspot and Instapro. The company was founded on April 13, 2017 and is headquartered in Denver, CO.
