In a report released today, Daniel Ives from Wedbush maintained a Buy rating on J2 Global (JCOM), with a price target of $105. The company’s shares closed yesterday at $79.72.
According to TipRanks.com, Ives is a 4-star analyst with an average return of 4.0% and a 52.7% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Uber Technologies Inc, and Tenable Holdings Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for J2 Global with a $106.67 average price target.
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J2 Global’s market cap is currently $3.9B and has a P/E ratio of 27.76. The company has a Price to Book ratio of 3.60.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.
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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.
