Robert W. Baird Believes J2 Global (JCOM) Won’t Stop Here


In a report issued on February 12, William Power from Robert W. Baird maintained a Buy rating on J2 Global (JCOM). The company’s shares closed last Wednesday at $109.06, close to its 52-week high of $113.36.

According to TipRanks.com, Power is a top 100 analyst with an average return of 41.0% and a 73.6% success rate. Power covers the Technology sector, focusing on stocks such as Zoom Video Communications, Slack Technologies, and DocuSign.

Currently, the analyst consensus on J2 Global is a Strong Buy with an average price target of $134.50, representing a 22.0% upside. In a report issued on January 28, JMP Securities also maintained a Buy rating on the stock with a $120.00 price target.

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J2 Global’s market cap is currently $4.96B and has a P/E ratio of 24.30. The company has a Price to Book ratio of -5.11.

Based on the recent corporate insider activity of 36 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 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 following segments: Business Cloud Services and Digital Media. The Business Cloud Services segment offers online fax, virtual phone system, unified communications, online backup, customer relationship management, intellectual property licensing, global network operations, and customer support. The Digital Media segment includes display and video advertising, performance marketing, web properties, and licensing activities. The company was founded by Jaye Muller and John F. Rieley in December 1995 and is headquartered in Los Angeles, CA.

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