B. Riley upgraded FTD Companies Inc (NASDAQ:FTD) to Buy in a report released today.
- Updated: February 12, 2017
B. Riley has upgraded FTD Companies Inc (NASDAQ:FTD) to Buy in a report released on 02/08/2017.
Yesterday FTD Companies Inc (NASDAQ:FTD) traded 3.48% higher at $23.59. The company’s 50-day moving average is $23.35 and its 200-day moving average is $22.72. The last stock close price is up 8.72% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 137,623 shares of the stock were exchanged, up from an average trading volume of 132,734
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FTD Companies Inc has a 52 week low of $16.86 and a 52 week high of $28.70 The company’s market cap is currently $0.
In addition to B. Riley reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $38.25 with 2 firms rating the stock a strong buy, 2 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About FTD Companies Inc (NASDAQ:FTD)
FTD Companies, Inc. (FTD) is a floral and gifting company. The Company operates through four segments: Consumer, Florist, International and Provide Commerce. Through its Consumer segment, FTD is a direct marketer of floral and gift products for consumers, primarily in the United States and Canada. Through its Florist segment, it is a provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations. Its International segment consists of Interflora, which operates primarily in the United Kingdom and the Republic of Ireland. Through its Provide Commerce segment, FTD is a direct marketer of floral and gift products, including specialty foods, personalized gifts and other gifting products for consumers. Its portfolio of brands includes ProFlowers, ProPlants, Shari's Berries, Personal Creations, RedEnvelope, Cherry Moon Farms, Flying Flowers, Flowers Direct, Sesame, Ink Cards, Postagram, and Gifts.com.
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