Bazaarvoice (BV) : Analyst Rating Update

Bazaarvoice (BV) : Zacks Investment Research ranks Bazaarvoice (BV) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.

Bazaarvoice (BV) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $8 and the lowest price target forecast is $6. The average forecast of all the analysts is $6.75 and the expected standard deviation is $0.96.

Bazaarvoice (NASDAQ:BV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.25 and $4.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.30, notching a gain of 6.70% for the day. The total traded volume was 1,560,276 . The stock had closed at $4.03 on the previous day.

The company shares have dropped -30.76% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $6.11 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $3.71 and the 200 Day Moving Average price is recorded at $3.53.

Bazaarvoice, Inc. is a network that connects brands and retailers to the authentic voices of people where they shop. The Companys technology platform collects and displays ratings and reviews, questions and answers and stories from customers along with visual commerce capabilities that collectively amplify the voices of the consumers into the shopping. The Companys platforms and solutions include Bazaarvoice Conversations Platform, which provides capabilities to capture, manage and display online consumer-generated content; Bazaarvoice Connections Solutions, which offers network syndication and brand engagement solutions; Bazaarvoice Local, which helps clients gather and promote reviews of local service affiliates; Bazaarvoice Curations, which pulls in content from across a range of social platforms, including Instagram, Facebook and Twitter, and Bazaarvoice Media, which sells advertising on behalf of retailers thereby helping brands and agencies market to shopper audiences.

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