Equities research analysts at Evercore ISI started coverage on shares of Angie’s List (NASDAQ:ANGI) in a research note issued to investors on Tuesday. The firm set a $12.00 price target on the technology company’s stock. Evercore ISI’s price objective indicates a potential upside of 8.21% from the stock’s current price.

ANGI has been the topic of several other research reports. Zacks Investment Research upgraded shares of Angie’s List from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Wednesday, November 1st. Goldman Sachs Group started coverage on shares of Angie’s List in a report on Wednesday, October 11th. They issued a “buy” rating and a $14.00 target price on the stock. BidaskClub upgraded shares of Angie’s List from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Wells Fargo & Company upgraded shares of Angie’s List from a “market perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a report on Thursday, October 19th. Finally, CIBC started coverage on shares of Angie’s List in a report on Thursday, October 5th. They issued an “outperform” rating and a $14.00 target price on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. Angie’s List currently has an average rating of “Hold” and an average price target of $12.13.

Shares of Angie’s List (NASDAQ:ANGI) traded down $0.42 during trading hours on Tuesday, hitting $11.09. 762,700 shares of the stock were exchanged, compared to its average volume of 671,846. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.08. Angie’s List has a 52 week low of $5.22 and a 52 week high of $13.74.

Angie’s List (NASDAQ:ANGI) last issued its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.18). The business had revenue of $181.70 million for the quarter, compared to analyst estimates of $184.47 million. Angie’s List had a negative return on equity of 25.20% and a negative net margin of 17.04%. Angie’s List’s revenue for the quarter was up 36.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.28) EPS. equities analysts anticipate that Angie’s List will post -0.23 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in ANGI. BB&T Securities LLC bought a new stake in shares of Angie’s List during the third quarter worth about $142,000. Brown Advisory Inc. bought a new stake in Angie’s List in the 3rd quarter worth about $147,000. SG Americas Securities LLC bought a new stake in Angie’s List in the 3rd quarter worth about $160,000. Metropolitan Life Insurance Co. NY grew its position in Angie’s List by 11.9% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 30,591 shares of the technology company’s stock worth $174,000 after purchasing an additional 3,264 shares in the last quarter. Finally, Harvest Management LLC bought a new stake in Angie’s List in the 2nd quarter worth about $192,000. Hedge funds and other institutional investors own 68.65% of the company’s stock.

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About Angie’s List

ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.

Analyst Recommendations for Angie`s List (NASDAQ:ANGI)

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