Shares of IAC/InterActiveCorp (NASDAQ:IAC) have been given a consensus recommendation of “Buy” by the twenty research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $68.80.
Several equities research analysts recently issued reports on the company. Oppenheimer dropped their price target on IAC/InterActiveCorp from $77.00 to $70.00 and set an “outperform” rating on the stock in a research report on Thursday, February 4th. Goldman Sachs dropped their price target on IAC/InterActiveCorp from $53.00 to $40.00 and set a “sell” rating on the stock in a research report on Thursday, February 4th. Susquehanna dropped their price target on IAC/InterActiveCorp from $75.00 to $67.00 and set a “positive” rating on the stock in a research report on Thursday, February 4th. Credit Suisse dropped their price target on IAC/InterActiveCorp from $73.00 to $69.00 and set a “neutral” rating on the stock in a research report on Thursday, February 4th. Finally, Benchmark Co. lowered their price objective on IAC/InterActiveCorp from $85.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, February 4th.
IAC/InterActiveCorp (NASDAQ:IAC) opened at 47.43 on Tuesday. IAC/InterActiveCorp has a 52-week low of $38.82 and a 52-week high of $84.66. The stock has a market cap of $3.94 billion and a P/E ratio of 35.66. The firm’s 50-day moving average is $46.46 and its 200-day moving average is $55.98.
