Endurance International Group Holdings (EIGI) Receives Price Target

Endurance International Group Holdings (EIGI) : 5 investment research analysts covering Endurance International Group Holdings (EIGI) have an average price target of $11.1 for the near short term. The highest target price given by the Brokerage Firm to the stock is $17 and the lowest target is $8 for the short term. Analysts expect the variance to be within $3.88 of the average price.

Endurance International Group Holdings (EIGI) has an average broker rating of 2.14, which is interpreted as a Buy, as rated by 7 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Jefferies maintains its view on Endurance International Group Holdings (NASDAQ:EIGI) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Jefferies lowers the price target from $17 per share to $9.5 per share on Endurance International Group Holdings . The rating by the firm was issued on August 4, 2016.

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 $7.95 and $7.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.97, notching a gain of 0.25% for the day. The total traded volume was 534,057 . The stock had closed at $7.95 on the previous day.

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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