Brokerage Firm Rating on Groupon (GRPN)

Groupon (GRPN) : The consensus on Groupon (GRPN) based on 14 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Groupon (GRPN) : The consensus price target for Groupon (GRPN) is $4.27 for the short term with a standard deviation of $1. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $6, however, the pessimist price target for the company is $2.


Company shares have received an average consensus rating of Hold for the current week Groupon (NASDAQ:GRPN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.81 and $5.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.89, notching a gain of 1.38% for the day. The total traded volume was 9,400,862 . The stock had closed at $5.81 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Barris Peter J, director of Groupon, Inc., had unloaded 640,045 shares at an average price of $3.23 in a transaction dated on June 9, 2016. The total value of the transaction was worth $2,067,345.

Groupon, Inc. operates online local commerce marketplaces world over that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, the Middle East and Africa, and international operations (Rest of World). The Company offers deals on goods and services in three categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel). The Companys Local category includes deals with local merchants, national merchants and local events. The Companys Goods transactions in North America are primarily direct revenue deals. Through its Getaways category, the Company features travel offers at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel. Its deal offerings are accessed directly through its Websites, mobile applications and search engines.

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