A statement released earlier today by Axiom Capital about InterActiveCorp (NASDAQ:IAC) bumps the target price to $80.00
- Updated: October 6, 2016
Boasting a price of $62.12, InterActiveCorp (NASDAQ:IAC) traded -1.33% lower on the day. With the last stock price close up 12.70% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. InterActiveCorp has recorded a 50-day average of $59.67 and a two hundred day average of $55.12. Volume of trade was down over the average, with 314,525 shares of IAC changing hands under the typical 552,494
Axiom Capital bumped up the target of InterActiveCorp (NASDAQ:IAC) to $80.00 stating a potential upside of 0.29%.
With a total market value of $0, InterActiveCorp has with a one year low of $38.82 and a one year high of $73.15 .
A total of 16 equity analysts have released a ratings update on IAC. Three equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, four equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $67.56.
Brief Synopsis About InterActiveCorp (NASDAQ:IAC)
IAC/InterActiveCorp (IAC) is a media and Internet company. The Company's brands and products include HomeAdvisor, Vimeo, About.com, Dictionary.com, The Daily Beast, Investopedia, and Match Group's online dating portfolio, which includes Match, OkCupid, Tinder and PlentyOfFish. It operates through six segments: Match Group, which includes the dating and non-dating businesses of Match Group, Inc; HomeAdvisor, which includes home services digital marketplace that helps connect consumers with home professionals; Publishing, which consists of Premium Brands business, which includes About.com, Dictionary.com, Investopedia and The Daily Beast, and Ask & Other business; Applications, which consists of Consumer, which includes its direct-to-consumer downloadable desktop applications, including SlimWare, and Apalon; Video, which consists of Vimeo and DailyBurn, as well as Electus, IAC Films, CollegeHumor and Notional, and Other, which consists of ShoeBuy and PriceRunner.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.