Zacks Investment Research disclosed IAC InterActiveCorp (NYSE:IAC), bumping its price target to $70.00 today
- Updated: October 12, 2016
Just yesterday IAC InterActiveCorp (NYSE:IAC) traded 0.15% higher at $61.97. IAC InterActiveCorp’s 50-day average is $60.19 and its two hundred day average is $55.57. With the last stock price up 11.74% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 431,510 shares of IAC changing hands under the typical 551,518
In a report released on Wednesday October 12, 2016 Zacks Investment Research increased the stock price target of IAC InterActiveCorp (NYSE:IAC) to $70.00 reporting a possible upside of 0.13%.
Previously on 10/11/2016, JPMorgan Chase & Co. reported on IAC InterActiveCorp (NYSE:IAC) increased the target price from $0.00 to $78.00. At the time, this indicated a possible upside of 0.25%.
Recent Performance Chart
IAC InterActiveCorp has with a one year low of $38.82 and a one year high of $72.94 and has a market capitalization of $0.
A total of 16 analysts have released a report on IAC InterActiveCorp. 3 brokers rating the stock a strong buy, 10 brokerages rating the stock a buy, 4 firms rating the stock a hold, 1 broker rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $67.56.
Brief Synopsis On IAC InterActiveCorp (NYSE: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.
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