In a report released today, Rishi Jaluria from RBC Capital reiterated a Buy rating on Ziff Davis, Inc. (ZD – Research Report), with a price target of $95.00. The company’s shares opened today at $65.21.
According to TipRanks, Jaluria is a 2-star analyst with an average return of -0.1% and a 45.17% success rate. Jaluria covers the Technology sector, focusing on stocks such as Twilio, Palantir Technologies, and Salesforce.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ziff Davis, Inc. with a $93.33 average price target, representing a 43.12% upside. In a report released today, Wedbush also maintained a Buy rating on the stock with a $80.00 price target.
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ZD market cap is currently $3.1B and has a P/E ratio of 113.48.
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J2 Global, Inc. is a holding company, which engages in the provision of Internet services. It operates through the following segments: Business Cloud Services and Digital Media. The Business Cloud Services segment offers online fax, virtual phone system, unified communications, online backup, customer relationship management, intellectual property licensing, global network operations, and customer support. The Digital Media segment includes display and video advertising, performance marketing, web properties, and licensing activities. The company was founded by Jaye Muller and John F. Rieley in December 1995 and is headquartered in Los Angeles, CA.
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