Monster Worldwide (MWW) Receives Price Target

Monster Worldwide (MWW) : The highest short term price target forecast on Monster Worldwide (MWW) is $3 and the lowest target price is $3. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $3.3 with a standard deviation of $0.2.

Monster Worldwide (MWW) : 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Monster Worldwide (MWW). Zacks Investment Research suggests a Sell with a rank of 4. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 4 Wall Street Analysts endorse the stock as a Hold with a rating of 3.5.


Also, Equity Analysts at the Brokerage Firm, Avondale Partners, downgrades their rating on the shares of Monster Worldwide (NYSE:MWW). Avondale Partners has a Market Underperform rating on the shares. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on August 22, 2016.

Monster Worldwide (NYSE:MWW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $3.69 and $3.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $3.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.67, notching a gain of 0.27% for the day. The total traded volume was 1,635,283 . The stock had closed at $3.66 on the previous day.

Monster Worldwide, Inc. is engaged in connecting people to jobs. The Company offers services in over 40 countries, providing job seeking, career management, recruitment and talent management capabilities. The Company operates in three segments: Careers-North America, Careers-International and Internet Advertising & Fees. The Companys Careers North America and International segments, works by connecting employers with job seekers at various levels and by providing searchable jobs and career management resources online in North America, Europe and Asia markets. Its Internet Advertising & Fees business operates a network of Websites that connect companies to targeted audiences. Its services and solutions include: searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation, and other career-related content.

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