Suntrust Robinson downgraded Rubicon Project Inc (NYSE:RUBI) from Buy to Neutral in a statement released earlier today.
- Updated: September 18, 2016
Yesterday Rubicon Project Inc (NYSE:RUBI) traded 0.70% lower at $13.67. RUBI’s 50-day moving average is $9.94 and its two hundred day moving average is $14.48. With the last close down 40.90% relative to the 200-day average, compared with the S&P 500 which has fallen -0.01% over the same period. Trading volume was was up over the average, with 873,791 shares of RUBI changing hands over the typical 852,756 shares..
Suntrust Robinson has downgraded Rubicon Project Inc(NYSE:RUBI) from Buy to Neutral in a statement released Wednesday August 3 2016.
On 4/12/2016, Citigroup reported about Rubicon Project Inc(NYSE:RUBI) bumped the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.37%.
Also covering Rubicon Project Inc’s target price, a total of 13 brokers have released a ratings update on the company. The 12-month target stock price is $21.92 with four firms rating the stock a strong buy, seven analysts rating the company a buy, one analyst rating the stock a hold, 0 rating the company to underperform, and lastly 0 firms rating the company as sell.
Rubicon Project Inc has a 52 week low of $8.04 and a one-year high of $20.37 with a price-earnings ratio of 25 and has a market cap of $0.0.
Brief Synopsis About Rubicon Project Inc (NYSE:RUBI)
The Rubicon Project, Inc. offers a technology solution to automate the purchase and sale of advertising for both buyers and sellers. The Company’s solution enables buyers and sellers to purchase and sell a range of advertising units, including display and video, utilizing various inventory types, including direct sale of inventory, real-time bidding (RTB) and static bidding, across digital channels, including mobile Web, mobile application and desktop, as well as across various out of home channels, such as digital billboards. The Company’s platform features applications for digital advertising sellers, including Websites, mobile applications and other digital media properties, to sell their advertising inventory; applications and services for buyers, including advertisers, agencies, agency trading desks (ATDs), demand side platforms (DSPs) and advertisement networks, to buy advertising inventory, and and a marketplace over which such transactions are executed.
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