Stock analysts at Credit Suisse Group started coverage on shares of HubSpot (NYSE:HUBS – Get Rating) in a research report issued on Monday, The Fly reports. The brokerage set an “outperform” rating and a $400.00 price target on the software maker’s stock. Credit Suisse Group’s price objective would suggest a potential upside of 51.61% from the company’s previous close.
Several other research analysts also recently commented on the company. Wells Fargo & Company reduced their target price on HubSpot from $500.00 to $475.00 and set an “overweight” rating for the company in a research note on Monday, October 31st. Mizuho dropped their price target on HubSpot from $410.00 to $390.00 and set a “buy” rating for the company in a report on Thursday, November 3rd. Cowen dropped their price target on HubSpot from $390.00 to $380.00 and set an “outperform” rating for the company in a report on Thursday, November 3rd. Cowen dropped their price target on HubSpot from $390.00 to $380.00 and set an “outperform” rating for the company in a report on Thursday, November 3rd. Finally, Oppenheimer cut HubSpot from an “outperform” rating to a “market perform” rating and set a $375.00 price target for the company. in a report on Thursday, November 3rd. Four research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and a consensus price target of $400.09.
HubSpot Stock Down 3.2 %
HUBS stock traded down $8.76 during mid-day trading on Monday, reaching $263.84. The company had a trading volume of 755,041 shares, compared to its average volume of 782,795. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.34 and a quick ratio of 2.34. The stock has a 50 day simple moving average of $281.66 and a two-hundred day simple moving average of $311.22. The company has a market capitalization of…
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