Impact of Brokerage Rating on IAC/InterActiveCorp(IAC)

Many IAC/InterActiveCorp(IAC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Aegis Capital on Feb 8, 2017 to Buy, Raises Price Target to $ 86 from a previous price target of $80 .Company shares were Reiterated by Needham on Feb 3, 2017 to Buy, Raises Price Target to $ 84 from a previous price target of $75 .Company shares were Reiterated by The Benchmark Company on Feb 3, 2017 to Buy, Raises Price Target to $ 95 from a previous price target of $90 .IAC/InterActiveCorp was Downgraded by Guggenheim to Neutral on Jan 20, 2017. Company shares were Reiterated by Stifel on Jan 19, 2017 to Hold, Raises Price Target to $ 70 from a previous price target of $65 .

IAC/InterActiveCorp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.43. Analyst had a consensus of $0.95. The company had revenue of $811.20 million for the quarter, compared to analysts expectations of $781.01 million. The companys revenue was down -4.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.75 EPS.

IAC/InterActiveCorp (NASDAQ:IAC) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 1.5 by 12 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

IAC/InterActiveCorp (NASDAQ:IAC) stock has received a short term price target of $ 81.23 from 13 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $8.33. The higher estimate of target price is $94 , while the lower price target estimate is $70

IAC/InterActiveCorp (NASDAQ:IAC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.63% or 0.48 points. After the session commenced at $76.53, the stock reached the higher end at $77 while it hit a low of $75.77. With the volume soaring to 2,485,502 shares, the last trade was called at $76. The company has a 52-week high of $77.46. The company has a market cap of $5,958 million and there are 78,400,000 shares in outstanding. The 52-week low of the share price is $41.49.

IAC is a leading media and Internet company. It is organized into four segments: The Match Group, which consists of dating, education and fitness businesses with brands such as Match.com, OkCupid, Tinder, The Princeton Review and DailyBurn; Search & Applications, which includes brands such as About.com, Ask.com, Dictionary.com and Investopedia; Media, which consists of businesses such as Vimeo, Electus, The Daily Beast and CollegeHumor; and eCommerce, which includes HomeAdvisor and ShoeBuy. IACs brands and products are among the most recognized in the world reaching users in over 200 countries. The Company is headquartered in New York City and has offices worldwide.

IAC/InterActiveCorp

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