How Many Groupon, Inc. (NASDAQ:GRPN)’s Analysts Are Bullish?

April 18, 2018 - By Darrin Black

Groupon, Inc. (NASDAQ:GRPN) LogoInvestors sentiment increased to 1.89 in Q4 2017. Its up 1.17, from 0.72 in 2017Q3. It improved, as 19 investors sold Groupon, Inc. shares while 42 reduced holdings. 53 funds opened positions while 62 raised stakes. 307.15 million shares or 7.16% more from 286.63 million shares in 2017Q3 were reported.
Moreover, Los Angeles Cap Mgmt And Equity Research has 0% invested in Groupon, Inc. (NASDAQ:GRPN). Zeke Advsr Ltd Liability Company holds 0.01% or 19,089 shares. Envestnet Asset, Illinois-based fund reported 14,826 shares. Vanguard Group Inc Inc invested 0.01% in Groupon, Inc. (NASDAQ:GRPN). State Board Of Administration Of Florida Retirement Systems accumulated 268,989 shares. Moreover, Raymond James Financial Services Advsr has 0% invested in Groupon, Inc. (NASDAQ:GRPN) for 54,550 shares. Quantum Capital Mngmt reported 31,742 shares. Bnp Paribas Arbitrage holds 274,915 shares. Moreover, Amundi Pioneer Asset Mngmt has 0% invested in Groupon, Inc. (NASDAQ:GRPN). Bridgeway Cap Mgmt Inc owns 0.01% invested in Groupon, Inc. (NASDAQ:GRPN) for 139,700 shares. Parametric Portfolio Associates Ltd Llc stated it has 1.09M shares. 1.53 million were accumulated by Wells Fargo Mn. Schwab Charles Invest Mngmt Inc invested 0.01% in Groupon, Inc. (NASDAQ:GRPN). Teacher Retirement Of Texas holds 143,611 shares or 0% of its portfolio. Asset Mngmt One Ltd invested 0.01% of its portfolio in Groupon, Inc. (NASDAQ:GRPN).

Since March 7, 2018, it had 0 insider buys, and 2 insider sales for $6.97 million activity. 15,000 shares valued at $69,150 were sold by Stevens Brian on Thursday, March 8.

Groupon, Inc. (NASDAQ:GRPN) Ratings Coverage

Among 7 analysts covering Groupon Inc (NASDAQ:GRPN), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Groupon Inc has $6.3 highest and $3.6 lowest target. $5.21’s average target is 7.42% above currents $4.85 stock price. Groupon Inc had 10 analyst reports since November 1, 2017 according to SRatingsIntel. On Wednesday, January 17 the stock rating was upgraded by Goldman Sachs to “Hold”. Piper Jaffray maintained Groupon, Inc. (NASDAQ:GRPN) on Wednesday, November 1 with “Buy” rating. The company was maintained on Tuesday, December 12 by Piper Jaffray. The firm has “Neutral” rating by Citigroup given on Thursday, November 2. The firm has “Equal-Weight” rating given on Monday, March 5 by Morgan Stanley. JP Morgan maintained Groupon, Inc. (NASDAQ:GRPN) rating on Thursday, February 15. JP Morgan has “Neutral” rating and $5 target. The rating was maintained by Morgan Stanley on Thursday, November 2 with “Underweight”. Barclays Capital maintained Groupon, Inc. (NASDAQ:GRPN) on Thursday, November 2 with “Underweight” rating. The firm earned “Buy” rating on Monday, November 20 by Piper Jaffray. The firm has “Buy” rating given on Thursday, November 2 by FBR Capital. Below is a list of Groupon, Inc. (NASDAQ:GRPN) latest ratings and price target changes.

05/03/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Old Target: $3.6 Upgrade
15/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $6 New Target: $5 Maintain
17/01/2018 Broker: Goldman Sachs Rating: Hold New Target: $5.4 Upgrade
12/12/2017 Broker: Piper Jaffray Rating: Buy New Target: $6.25 Maintain
20/11/2017 Broker: Piper Jaffray Rating: Buy New Target: $6.25 Maintain
02/11/2017 Broker: Barclays Capital Rating: Underweight Old Target: $3.85 New Target: $4.4 Maintain
02/11/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $3.4 New Target: $3.6 Maintain
02/11/2017 Broker: Citigroup Rating: Neutral Old Target: $5 New Target: $5.5 Maintain
02/11/2017 Broker: FBR Capital Rating: Buy New Target: $6.3 Maintain
01/11/2017 Broker: Piper Jaffray Rating: Buy New Target: $6.25 Maintain

The stock increased 3.63% or $0.17 during the last trading session, reaching $4.85. About 4.75 million shares traded. Groupon, Inc. (NASDAQ:GRPN) has risen 12.41% since April 18, 2017 and is uptrending. It has outperformed by 0.86% the S&P500.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to clients by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. The company has market cap of $2.72 billion. The firm provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It has a 194 P/E ratio. It offers its deal offerings to clients through Websites; search engines; mobile applications and mobile Web browsers, which enable clients to browse, purchase, manage, and redeem deals on their mobile devices; emails; affiliate channels; display advertising; and television and radio advertising.

Groupon, Inc. (NASDAQ:GRPN) Institutional Positions Chart

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