FBR Capital Sets Vocus Price Target at $18.00 (VOCS)
Analysts at FBR Capital (NASDAQ: FBCM) lowered their price target on shares of Vocus (NASDAQ: VOCS) from $21.00 to $18.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “market perform” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Stifel Nicolaus cut their price target on shares of Vocus from $32.00 to $26.00 in a research note to investors on Wednesday, April 11st. They now have a “buy” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Vocus in a research note to investors on Wednesday, February 29th. They now have a $24.00 price target on the stock. Finally, analysts at Robert W. Baird downgraded shares of Vocus from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, February 29th. They now have a $21.00 price target on the stock, down previously from $23.00.
Vocus opened at 14.95 on Wednesday. Vocus has a 1-year low of $11.95 and a 1-year high of $33.70. The company’s market cap is $279.9 million.
The company last announced its quarterly results on Tuesday, May 1st. It reported $0.02 earnings per share (EPS) for the previous quarter. The company’s quarterly revenue was up 30.5% on a year-over-year basis. Analysts expect that Vocus will post $0.09 EPS next quarter.
Vocus, Inc. (Vocus) is a provider of on-demand software for public relations management. The Web-based software suite helps organizations of all sizes to change the way they communicate with both the media and the public, optimizing their public relations and increasing their ability to measure its impact.