Deutsche Bank reissued their buy rating on shares of Groupon (NASDAQ: GRPN) in a research report released on Monday morning, Analyst Ratings.Net reports. Deutsche Bank currently has a $10.00 price objective on the stock.
A number of other analysts have also recently weighed in on GRPN. Analysts at UBS AG raised their price target on shares of Groupon from $4.70 to $6.00 in a research note to investors on Monday. They now have a sell rating on the stock. Separately, analysts at Wunderlich initiated coverage on shares of Groupon in a research note to investors on Tuesday, July 2nd. They set a buy rating and a $11.00 price target on the stock. Finally, analysts at TheStreet reiterated a sell rating on shares of Groupon in a research note to investors on Friday, June 7th.
Seven analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $6.83.
Shares of Groupon (NASDAQ: GRPN) traded up 6.26% during mid-day trading on Monday, hitting $8.83. Groupon has a 52 week low of $2.60 and a 52 week high of $9.43. The stock’s 50-day moving average is currently $7.8. The company’s market cap is $5.842 billion.
Groupon, Inc offers online retail services. The Company provides daily deal on the stuff to do, eat, see and buy in more than 500 markets in 44 countries.
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