ContextLogic (OTCMKTS:WISH) Earns Buy Rating from Analysts at UBS Group


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UBS Group initiated coverage on shares of ContextLogic (OTCMKTS:WISH) in a research note released on Monday, The Fly reports. The brokerage issued a buy rating and a $28.00 price target on the stock.

Several other equities research analysts have also commented on the stock. Cowen assumed coverage on shares of ContextLogic in a report on Monday. They issued an outperform rating for the company. Credit Suisse Group began coverage on shares of ContextLogic in a report on Monday. They issued an outperform rating and a $31.00 price target for the company. William Blair began coverage on shares of ContextLogic in a report on Monday. They set an outperform rating for the company. Bank of America began coverage on shares of ContextLogic in a report on Monday. They set a buy rating and a $26.00 target price for the company. Finally, The Goldman Sachs Group began coverage on shares of ContextLogic in a report on Monday. They set a neutral rating and a $19.00 target price for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of Buy and an average target price of $25.64.

Shares of OTCMKTS WISH opened at $23.92 on Monday. The firm has a fifty day moving average of $11.94 and a 200 day moving average of $3.27. ContextLogic has a one year low of $17.41 and a one year high of $24.75.

ContextLogic Company Profile

ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. It operates Wish, an ecommerce platform that connects merchants and consumers. The company was founded in 2010 and is headquartered in San Francisco, California.

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Analyst Recommendations for ContextLogic (OTCMKTS:WISH)

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