Endurance International Group Holdings (EIGI) Receives Analyst Rating

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 highest short term price target forecast on Endurance International Group Holdings (EIGI) is $17 and the lowest target price is $8. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $11.1 with a standard deviation of $3.88.


Also, In a research note released to the investors, Jefferies maintains its rating on Endurance International Group Holdings (NASDAQ:EIGI).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Jefferies lowers the new price target from $17 per share to $9.5 per share. The rating by the firm was issued on August 4, 2016.

Endurance International Group Holdings (NASDAQ:EIGI): After opening at $8.41, the stock dipped to an intraday low of $8.41 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $8.73 and the buying power remained strong till the end. The stock closed at $8.65 for the day, a gain of 2.98% for the day session. The total traded volume was 800,835. The stocks close on the previous trading day was $8.4.

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.

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