Intuit (NASDAQ:INTU) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.29 by 14 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Goldman Sachs initiates coverage on Intuit (NASDAQ:INTU). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Goldman Sachs announces a current price target of $117 per share. The rating by the firm was issued on May 23, 2016.
Intuit (NASDAQ:INTU): The mean estimate for the short term price target for Intuit (NASDAQ:INTU) stands at $114.75 according to 8 Analysts. The higher price target estimate for the stock has been calculated at $134 while the lower price target estimate is at $93.
Intuit (NASDAQ:INTU) rose 0.51% or 0.55 points on Tuesday and made its way into the gainers of the day. After trading began at $107.63 the stock was seen hitting $108.24 as a peak level and $107.11 as the lowest level. The stock ended up at $107.9. The daily volume was measured at 1,817,610 shares. The 52-week high of the share price is $108.95 and the 52-week low is $79.63. The company has a market cap of $27,609 million.
Shares of Intuit Inc. rose by 1.58% in the last five trading days and 4.73% for the last 4 weeks. Intuit Inc. is up 5.93% in the last 3-month period. Year-to-Date the stock performance stands at 12.48%.
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.