Bank of America Reiterates a “Buy” Rating on IAC\/InterActive (IAC) and $180 Target; Sprint (S) Has 0.86 Sentiment

February 9, 2018 - By Ruchi Gupta

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications services and products to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. The company has market cap of $20.97 billion. Virgin Islands. It has a 3.03 P/E ratio. The firm operates in two divisions, Wireless and Wireline.

Among 22 analysts covering IAC InterActive (IAC), 21 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. IAC InterActive has $191.0 highest and $70.0 lowest target. $148.90’s average target is 9.81% above currents $135.6 stock price. IAC InterActive had 57 analyst reports since June 7, 2016 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Friday, November 10. The firm has “Buy” rating given on Wednesday, November 22 by BMO Capital Markets. The stock of IAC/InterActiveCorp (NASDAQ:IAC) has “Buy” rating given on Thursday, August 3 by BMO Capital Markets. The firm has “Buy” rating by Benchmark given on Friday, August 4. The rating was maintained by Bank of America with “Buy” on Friday, November 10. Wells Fargo upgraded IAC/InterActiveCorp (NASDAQ:IAC) on Tuesday, September 20 to “Outperform” rating. As per Friday, November 18, the company rating was initiated by Aegis Capital. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, January 19 report. On Friday, July 28 the stock rating was maintained by Cowen & Co with “Buy”. The stock of IAC/InterActiveCorp (NASDAQ:IAC) earned “Buy” rating by Jefferies on Thursday, February 8.

The stock decreased 2.39% or $0.1281 during the last trading session, reaching $5.2419. About 3.08 million shares traded. Sprint Corporation (S) has risen 120.49% since February 9, 2017 and is uptrending. It has outperformed by 103.79% the S&P500.

Since January 1, 0001, it had 8 insider purchases, and 1 sale for $207.89 million activity.

Mig Capital Llc holds 8.21% of its portfolio in Sprint Corporation for 7.35 million shares. Odey Asset Management Group Ltd owns 9.03 million shares or 6.36% of their US portfolio. Moreover, Discovery Capital Management Llc Ct has 5.1% invested in the company for 27.48 million shares. The Ontario – Canada-based Ontario Teachers Pension Plan Board has invested 4.75% in the stock. Hoertkorn Richard Charles, a California-based fund reported 684,290 shares.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet firm in the United States and internationally. The company has market cap of $11.18 billion. It operates through six divisions: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other. It has a 33.2 P/E ratio. The Match Group segment provides dating products, which enables a user to establish a profile and review other peopleÂ’s profiles in 42 languages; and non-dating services, including educational test preparation, academic tutoring, and college counseling services.

The stock increased 0.71% or $0.96 during the last trading session, reaching $135.6. About 313,087 shares traded. IAC/InterActiveCorp (IAC) has risen 94.44% since February 9, 2017 and is uptrending. It has outperformed by 77.74% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>