Angi Inc. (NASDAQ:ANGI) Given Average Rating of “Hold” by Analysts

Shares of Angi Inc. (NASDAQ:ANGI) have earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $3.05.

Several equities research analysts have weighed in on ANGI shares. JMP Securities decreased their price target on shares of Angi from $3.00 to $2.75 and set a “market outperform” rating for the company in a research note on Thursday, February 13th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Angi in a report on Wednesday, December 18th. StockNews.com cut shares of Angi from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Citigroup lifted their price objective on shares of Angi from $1.70 to $2.00 and gave the company a “neutral” rating in a report on Friday, January 31st. Finally, KeyCorp reduced their price objective on shares of Angi from $3.00 to $2.00 and set an “overweight” rating for the company in a report on Wednesday, November 20th.

Institutional Trading of Angi

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in Angi by 39.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 228,173 shares of the technology company’s stock valued at $589,000 after purchasing an additional 65,119 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Angi by 46.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 262,529 shares of the technology company’s stock valued at $677,000 after purchasing an additional 83,704 shares during the last quarter. Barclays PLC increased its position in shares of Angi by 1,255.5% during the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company’s stock valued at $42,000 after purchasing an additional 15,191 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Angi during the 3rd quarter valued at $645,000. Finally, Trust Co of the South increased its position in shares of Angi by 98.9% during the 4th quarter. Trust Co of the South now owns 51,286 shares of the technology company’s stock valued at $85,000 after purchasing an additional 25,500 shares during the last quarter. 12.84% of the stock is owned by hedge funds and other institutional investors.

Angi Trading Down 1.2 %

ANGI opened at $1.66 on Tuesday. Angi has a 1-year low of $1.49 and a 1-year high of $2.93. The company has a current ratio of 2.14, a quick ratio of 2.05 and a debt-to-equity ratio of 0.47. The company has a market cap of $825.47 million, a P/E ratio of 20.75 and a beta of 1.86. The company has a fifty day moving average price of $1.74 and a two-hundred day moving average price of $2.12.

Angi Company Profile

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.