Wells Fargo & Company reissued their buy rating on shares of Angie’s List (NASDAQ:ANGI) in a research note released on Tuesday.

Other equities analysts also recently issued research reports about the stock. Evercore ISI assumed coverage on shares of Angie’s List in a research note on Tuesday. They issued an in-line rating and a $12.00 target price for the company. BidaskClub lowered shares of Angie’s List from a sell rating to a strong sell rating in a research report on Thursday, August 10th. Piper Jaffray Companies initiated coverage on shares of Angie’s List in a research report on Wednesday, August 16th. They issued an overweight rating and a $14.00 price objective for the company. Goldman Sachs Group initiated coverage on shares of Angie’s List in a research report on Wednesday, October 11th. They set a buy rating and a $14.00 target price for the company. Finally, Oppenheimer reiterated an outperform rating and set a $14.00 target price on shares of Angie’s List in a research report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $12.13.

Angie’s List (NASDAQ:ANGI) traded down $0.07 during midday trading on Tuesday, reaching $11.02. 601,100 shares of the company were exchanged, compared to its average volume of 671,544. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.57 and a quick ratio of 0.57. Angie’s List has a 1-year low of $5.22 and a 1-year high of $13.74.

Angie’s List (NASDAQ:ANGI) last posted its earnings results on Wednesday, November 8th. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.18). The business had revenue of $181.70 million during the quarter, compared to analysts’ expectations 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 in the previous year, the business earned ($0.28) EPS. equities research analysts anticipate that Angie’s List will post -0.23 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Arbitrage SA increased its stake in shares of Angie’s List by 15,999.4% in the second quarter. BNP Paribas Arbitrage SA now owns 110,442 shares of the technology company’s stock worth $1,413,000 after buying an additional 109,756 shares during the period. Dimensional Fund Advisors LP increased its position in Angie’s List by 55.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 462,627 shares of the technology company’s stock valued at $2,637,000 after purchasing an additional 164,122 shares during the period. Davis Selected Advisers increased its position in Angie’s List by 36.9% during the 2nd quarter. Davis Selected Advisers now owns 4,524,585 shares of the technology company’s stock valued at $57,869,000 after purchasing an additional 1,218,944 shares during the period. TD Asset Management Inc. increased its position in Angie’s List by 15.3% during the 2nd quarter. TD Asset Management Inc. now owns 183,253 shares of the technology company’s stock valued at $2,344,000 after purchasing an additional 24,253 shares during the period. Finally, Geode Capital Management LLC increased its position in Angie’s List by 5.6% during the 1st quarter. Geode Capital Management LLC now owns 362,277 shares of the technology company’s stock valued at $2,064,000 after purchasing an additional 19,232 shares during the period. 68.65% of the stock is currently owned by institutional investors.

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Angie’s List Company Profile

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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