.png "Wayfair (NYSE: W)")
In a report released yesterday, Brian Nagel from Oppenheimer maintained a Buy rating on Wayfair (W). The company’s shares closed last Tuesday at $77.47.
According to TipRanks.com, Nagel is a 5-star analyst with an average return of 6.4% and a 59.8% success rate. Nagel covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Lumber Liquidators.
Wayfair has an analyst consensus of Moderate Buy, with a price target consensus of $74.70, representing a -2.9% downside. In a report issued on March 26, Deutsche Bank also maintained a Buy rating on the stock with a $67.00 price target.
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The company has a one-year high of $166.40 and a one-year low of $21.71. Currently, Wayfair has an average volume of 3.52M.
Based on the recent corporate insider activity of 125 insiders, corporate insider sentiment is neutral on the stock.
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Wayfair, Inc. engages in an online home furnishing store. It offers a selection of home furnishings and decor across all styles and price points. It operates through the U.S. and International segments. The U.S. segment consists of amounts earned through product sales through the Company’s five distinct sites in the U.S. and through websites operated by third parties in the U.S. The International segment is composed of earnings through products sales in international sites. The company was founded by Steven K. Conine and Niraj S. Shah in May 2002 and is headquartered in Boston, MA.
