Deutsche Bank Reiterates Hold on Groupon (GRPN)
A number of other firms have also recently commented on GRPN. Analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of Groupon in a research note to investors on Tuesday. Separately, analysts at Benchmark Co. reiterated a “buy” rating on shares of Groupon in a research note to investors on Tuesday. Finally, analysts at Goldman Sachs (NYSE: GS) reiterated a “buy” rating on shares of Groupon in a research note to investors on Tuesday.
Groupon opened at 12.17 on Tuesday. Groupon has a 1-year low of $9.63 and a 1-year high of $31.14. The company’s market cap is $7.848 billion.
Groupon last released its earnings data on Monday, May 14th. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.02. Groupon’s revenue was up 89.6% compared to the same quarter last year. Analysts expect that Groupon will post $0.06 EPS next quarter.
Groupon, Inc. (Groupon) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount.