Jefferies Sticks to Its Buy Rating for Endurance International

By Austin Angelo

In a report issued on June 21, Brian Fitzgerald from Jefferies reiterated a Buy rating on Endurance International (NASDAQ: EIGI), with a price target of $10.50. The company’s shares opened today at $8.45.

According to TipRanks.com, Fitzgerald is a top 25 analyst with an average return of 22.5% and a 78.9% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as Alliance Data Systems, IAC/InterActiveCorp, and Rubicon Project.

Endurance International has an analyst consensus of Moderate Buy, with a price target consensus of $10.50.

The company has a one year high of $9.85 and a one year low of $6.20. Currently, Endurance International has an average volume of 574.9K.

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2016, Katherine Andreasen, the CPO of EIGI sold 15,269 shares for a total of $134,825.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Endurance International Group Holdings, Inc. provides cloud-based platform solutions to help small and medium sized businesses succeed online. It offers security, site backup, premium domains, search engine optimization, search engine marketing, Google Adwords, mobile solutions, social media enablement, website analytics, email marketing and productivity and e-commerce tools. The company operates through the following segments: Web Presence and Email Marketing. Web Presence segment consists of web hosting, domains and the related products and services. Email Marketing segment consists of the products and services historically offered by Constant Contact. It also includes event marketing, survey tools and SinglePlatform. Its brands includes: Constant Contact, Bluehost, HostGator, iPage, Domain.com, BigRock, SiteBuilder and SinglePlatform. The company was founded by Hari K. Ravichandran on October 28, 2011 and is headquartered in Burlington, MA.,07FNZD-E