Craig-Hallum analyst Jason Kreyer maintained a Buy rating on BuzzFeed (BZFD – Research Report) today. The company’s shares closed yesterday at $0.57.
Kreyer covers the Technology sector, focusing on stocks such as Magnite, Cardlytics, and Porch Group. According to TipRanks, Kreyer has an average return of -3.6% and a 30.66% success rate on recommended stocks.
Currently, the analyst consensus on BuzzFeed is a Hold with an average price target of $1.65.
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The company has a one-year high of $4.82 and a one-year low of $0.51. Currently, BuzzFeed has an average volume of 2.96M.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BZFD in relation to earlier this year.
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BuzzFeed is a digital media company. It offers news, entertainment, and shareable food content through its portfolio of online brands, including HuffPost, BuzzFeed Entertainment, and Tasty.
Read More on BZFD:
- #SocialStocks: TikTok and Pinterest announce new ad offerings
- TikTok launching ad product for publishers, giving a 50% cut, WSJ says
- BuzzFeed’s (NASDAQ:BZFD) Strategic Pivot: Speculative Bullish Opportunity?
- BuzzFeed announces departure of COO Christian Baesler
- BuzzFeed announces 15% reduction in workforce
