Endurance International Group Holdings (EIGI) : 3 brokerage houses believe that Endurance International Group Holdings (EIGI) is a Strong Buy at current levels. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Endurance International Group Holdings (EIGI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 2.14.
Endurance International Group Holdings (EIGI) : The most positive equity analysts on Endurance International Group Holdings (EIGI) expects the shares to touch $17, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $12.5 with an expected fluctuation of $3.94 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Endurance International Group Holdings (NASDAQ:EIGI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.59 and $7.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.76. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.72, notching a gain of 1.98% for the day. The total traded volume was 1,530,751 . The stock had closed at $7.57 on the previous day.
In a related news,The officer (Chief Accounting Officer) of Endurance International Group Holdings, Inc., Mathews Timothy S sold 358 shares at $8.74 on July 5, 2016. The Insider selling transaction had a total value worth of $3,129. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Endurance International Group Holdings, Inc. (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. Leveraging the Companys technology platform, it serves approximately 4.1 million subscribers across the globe with an integrated suite of over 150 products and services that help SMBs get online, get found and grow their businesses. The products and services available on its platform include domains, Website builders, Web hosting, email, security, storage, site backup, search engine optimization (SEO), and search engine marketing (SEM), social media services, Website analytics, mobile device tools and productivity and e-commerce solutions. It conducts operations in the United States, Brazil, India and the United Kingdom. It also has third-party contract support services assisting customers in China and Singapore.