Benchmark Co. analyst Mark Zgutowicz maintained a Buy rating on Getty Images Holdings (GETY – Research Report) today and set a price target of $8.00. The company’s shares closed last Friday at $4.00.
According to TipRanks, Zgutowicz is a 5-star analyst with an average return of 25.6% and a 53.85% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Stagwell, Taboola.com, and Criteo SA.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Getty Images Holdings with a $6.49 average price target, representing a 62.25% upside. In a report released on November 10, Wedbush also maintained a Buy rating on the stock with a $7.70 price target.
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Based on Getty Images Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $162.32 million and a GAAP net loss of $4.06 million. In comparison, last year the company earned a revenue of $233.33 million and had a net profit of $38.53 million
Based on the recent corporate insider activity of 116 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 GETY in relation to earlier this year.
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Getty Images Holdings (GETY) Company Description:
CC Neuberger Principal Holdings II is a blank check company.
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