Raymond James Initiates Coverage on Angie’s List (ANGI)

By admin | 6 years ago

Raymond James (NYSE: RJF) started coverage on shares of Angie’s List (NASDAQ: ANGI) in a research note issued on Friday. The firm set an “outperform” rating on the stock.

A number of other firms have also recently commented on ANGI. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Angie’s List in a research note to investors on Friday, April 27th.

Angie’s List traded down 1.61% on Friday, hitting $12.86. Angie’s List has a 52-week low of $10.77 and a 52-week high of $19.82. The company’s market cap is $733.7 million.

Angie’s List last posted its quarterly earnings results on Thursday, April 26th. The company reported ($0.24) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.29) by $0.05. The company’s quarterly revenue was up 76.7% on a year-over-year basis. Analysts expect that Angie’s List will post $-0.30 EPS next quarter.

Angie’s List, Inc. (Angie’s List) operates a consumer-driven solution for its members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services.

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