Angies List (ANGI) : Analyst Rating Update

Angies List (ANGI) : Zacks Investment Research ranks Angies List (ANGI) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 2.75, which indicates as a Hold.

Angies List (ANGI) : The highest level Angies List (ANGI) is projected to reach is $11 for the short term and the lowest estimate is at $8. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $9.5 and the possibility the share price can swing is $1.1.

Angies List (NASDAQ:ANGI): The stock opened at $6.50 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.53 for the day. The stock traded down to $6.42 during the day, due to lack of any buying support eventually closed down at $6.51 with a loss of -0.46% for the day. The stock had closed at $6.54 on the previous day. The total traded volume was 176,097 shares.

The company shares have rallied 7.21% from its 1 Year high price. On Nov 25, 2015, the shares registered one year high at $11.25 and the one year low was seen on Jul 27, 2015. The 50-Day Moving Average price is $8.01 and the 200 Day Moving Average price is recorded at $8.46.

Angies List, Inc helps facilitate transactions between more than three million consumers nationwide and its collection of service providers in approximately 720 categories of service, ranging from home improvement to health care. The Company connects consumers directly to its online marketplace of services from member-reviewed providers, and offers tools and support designed to improve the local service experience for both consumers and service professionals. The Companys member is between the ages of 35 and 64, is married, owns a home, is college educated and has an annual household income of at least $100,000.

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