ANGI Homeservices (NasdaqGS:ANGI) Rating Upgrade

Trading of Angi Homeservices (NasdaqGS:ANGI)’s shares is going to be interesting today, as MKM Partners increased the stock from a Neutral to a Buy. Along the rating upgrade, MKM Partners analysts gave a target price per share of $15.0 or 20.00 % more.

In spite of this rating upgrade NasdaqGS:ANGI is currently trading 0.00% lower at $0.00 as of 4:05 PM New York time. ANGI Homeservices shares have [From2] 0% in the past 200 days, while the S&P500 Index has gained 6.00% during the same time period.

Institutional Ownership

Tcs Capital Management Llc had the largest stake with ownership of 5.92 million shares as of q2 2015 for 32% of the fund portfolio. Northpointe Capital Llc is another bullish active investment manager who is having 1.32 million shares of ANGI Homeservices or 1.35% of their fund portfolio. Furthermore, Concourse Capital Management Llc have 0.72% of their fund portfolio invested in the company for 112,336 shares. The Massachusetts-based fund Forbes J M & Co Llp revealed it had purchased a stake worth about 0.72% of the active investment manager’s stock portfolio in ANGI Homeservices. The Colorado-based fund Elk Creek Partners Llc is also positive about the stock, possessing 265,872 shares or 0.68% of their fund portfolio.

ANGI Homeservices (NasdaqGS:ANGI) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. ANGI Homeservices has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

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The post Analysts at MKM Partners Improved ANGI Homeservices (NasdaqGS:ANGI) Rating from Neutral to Buy. The Stock Has 20.00 % Upside Potential and $15.0 Target Price per Share appeared first on Octafinance.