Bazaarvoice Inc. (NASDAQ:BV) has earned an average rating of “Buy” from the eight brokerages that are currently covering the stock. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $6.81.
A number of research analysts have recently commented on BV shares. Zacks Investment Research upgraded Bazaarvoice from a “hold” rating to a “buy” rating and set a $6.25 price target for the company in a report on Thursday. Morgan Stanley reiterated a “hold” rating on shares of Bazaarvoice in a report on Friday, June 10th. TheStreet upgraded Bazaarvoice from a “sell” rating to a “hold” rating in a report on Wednesday, September 7th. Finally, B. Riley reiterated a “buy” rating and set a $8.00 price target on shares of Bazaarvoice in a report on Monday, September 12th.
Several hedge funds have recently added to or reduced their stakes in the stock. Allianz Asset Management AG bought a new stake in shares of Bazaarvoice during the second quarter worth $105,000. Menta Capital LLC bought a new stake in shares of Bazaarvoice during the first quarter worth $109,000. Metropolitan Life Insurance Co. NY boosted its stake in shares of Bazaarvoice by 0.8% in the first quarter. Metropolitan Life Insurance Co. NY now owns 40,117 shares of the company’s stock worth $126,000 after buying an additional 326 shares during the period. Airain ltd boosted its stake in shares of Bazaarvoice by 99.2% in the second quarter. Airain ltd now owns 33,508 shares of the company’s stock worth $134,000 after buying an additional 16,687 shares during the period. Finally, BlackRock Advisors LLC boosted its stake in shares of Bazaarvoice by 25.6% in the second quarter. BlackRock Advisors LLC now owns 37,049 shares of the company’s stock worth $149,000 after buying an additional 7,556 shares during the period. Institutional investors and hedge funds own 75.44% of the company’s stock.
Shares of Bazaarvoice (NASDAQ:BV) opened at 5.91 on Wednesday. The company’s market capitalization is $485.88 million. The company’s 50 day moving average is $4.60 and its 200-day moving average is $3.90. Bazaarvoice has a 52 week low of $2.82 and a 52 week high of $5.98.
Bazaarvoice Company Profile
Bazaarvoice, Inc is a network that connects brands and retailers to the authentic voices of people where they shop. The Company’s technology platform collects and displays ratings and reviews, questions and answers and stories from customers along with visual commerce capabilities that collectively amplify the voices of the consumers into the shopping.
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