Short Term Rating on Intuit (INTU)

Intuit (INTU) : The consensus on Intuit (INTU) based on 14 analyst recommendation on the company stock is 2.29, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Intuit (INTU) stock is expected to deviate a maximum of $13.87 from the average target price of $114.75 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $134 and the most muted being $93.

Company shares have received an average consensus rating of Hold for the current week


Intuit (NASDAQ:INTU): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $116.45 and $115.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $116.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $116.34, notching a gain of 0.61% for the day. The total traded volume was 1,200,731 . The stock had closed at $115.63 on the previous day.

Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and Professional Tax. The Company operates in the United States, Canada, India, the United Kingdom, Singapore and Australia, among others. The Companys Small Business segment solutions include QuickBooks Online, Online Payroll solutions, Online Payments solutions and Intuit Developer Group. The Companys Small Business Desktop Ecosystem solutions include QuickBooks, Desktop Payroll Solutions, Desktop Payments solutions, QuickBooks Technical Support and financial supplies. The Consumer Tax segment offers tax return preparation offerings, electronic filing and other services, and Intuit Tax Freedom Project. The Companys professional tax offerings include Lacerte and ProSeries.

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