KeyCorp Cuts Angi (NASDAQ:ANGI) Price Target to $19.00

by · The Cerbat Gem

Angi (NASDAQ:ANGI – Get Free Report) had its price objective reduced by stock analysts at KeyCorp from $22.00 to $19.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. KeyCorp’s price target would suggest a potential upside of 62.06% from the stock’s current price.

ANGI has been the subject of several other reports. StockNews.com cut shares of Angi from a “buy” rating to a “hold” rating in a research note on Friday. Citigroup cut their target price on shares of Angi from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Friday, April 25th. JMP Securities reduced their price objective on Angi from $30.00 to $27.50 and set a “market outperform” rating on the stock in a research note on Thursday, February 13th. Finally, Royal Bank of Canada decreased their target price on shares of Angi from $27.50 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 15th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $27.08.

View Our Latest Stock Report on ANGI

Angi Trading Down 0.6 %

Shares of ANGI stock traded down $0.07 during mid-day trading on Monday, hitting $11.72. 169,615 shares of the company’s stock were exchanged, compared to its average volume of 250,299. The company has a quick ratio of 2.05, a current ratio of 2.14 and a debt-to-equity ratio of 0.47. The stock has a market cap of $583.00 million, a price-to-earnings ratio of 146.91 and a beta of 1.84. The stock has a 50-day simple moving average of $14.16 and a two-hundred day simple moving average of $17.39. Angi has a fifty-two week low of $11.00 and a fifty-two week high of $29.15.

Institutional Trading of Angi

Several hedge funds and other institutional investors have recently bought and sold shares of ANGI. Barclays PLC grew its position in shares of Angi by 1,255.5% in the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company’s stock worth $42,000 after acquiring an additional 15,191 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Angi by 39.9% during the third quarter. JPMorgan Chase & Co. now owns 228,173 shares of the technology company’s stock valued at $589,000 after purchasing an additional 65,119 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Angi in the 4th quarter worth about $210,000. Jones Financial Companies Lllp boosted its holdings in shares of Angi by 38.8% in the 4th quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company’s stock valued at $47,000 after buying an additional 7,944 shares during the period. Finally, M&T Bank Corp grew its position in shares of Angi by 16.7% during the 4th quarter. M&T Bank Corp now owns 589,242 shares of the technology company’s stock valued at $978,000 after buying an additional 84,304 shares during the last quarter. 12.84% of the stock is owned by institutional investors.

About Angi

(Get Free Report)

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.

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