Trade Report: Today, Bazaarvoice’s (BV) “Buy” Rating Reaffirm at B. Riley

Today, Bazaarvoice’s (BV) “Buy” Rating Reaffirm at B. Riley

Bazaarvoice Inc. (NASDAQ:BV)‘s stock had its “buy” rating reaffirmed by equities researchers at B. Riley in a report issued on Monday. They currently have a $8.00 price target on the stock. B. Riley’s price target would suggest a potential upside of 53.85% from the company’s previous close.

BV has been the subject of a number of other reports. Zacks Investment Research raised Bazaarvoice from a “hold” rating to a “buy” rating and set a $6.25 price target for the company in a report on Thursday, September 29th. BTIG Research assumed coverage on Bazaarvoice in a report on Wednesday, November 16th. They issued a “buy” rating and a $8.00 price target for the company. Finally, TheStreet raised Bazaarvoice from a “sell” rating to a “hold” rating in a report on Wednesday, September 7th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $6.61.

Bazaarvoice (NASDAQ:BV) traded up 1.96% on Monday, hitting $5.20. The stock had a trading volume of 777,719 shares. Bazaarvoice has a 12 month low of $2.82 and a 12 month high of $6.14. The company’s market cap is $427.51 million. The company has a 50-day moving average of $5.12 and a 200 day moving average of $4.43.

Hedge funds have recently modified their holdings of the company. Acrospire Investment Management LLC boosted its stake in shares of Bazaarvoice by 73.0% in the third quarter. Acrospire Investment Management LLC now owns 16,962 shares of the company’s stock valued at $100,000 after buying an additional 7,160 shares during the last quarter. Allianz Asset Management AG purchased a new stake in shares of Bazaarvoice during the second quarter valued at approximately $105,000. Menta Capital LLC purchased a new stake in shares of Bazaarvoice during the first quarter valued at approximately $109,000. BlackRock Inc. boosted its stake in shares of Bazaarvoice by 4.0% in the third quarter. BlackRock Inc. now owns 18,980 shares of the company’s stock valued at $112,000 after buying an additional 737 shares during the last quarter. Finally, 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 valued at $126,000 after buying an additional 326 shares during the last quarter. Hedge funds and other institutional investors own 81.89% of the company’s stock.

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