Bazaarvoice (BV) Stock Rating Upgraded by Zacks Investment Research

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Zacks Investment Research upgraded shares of Bazaarvoice (NASDAQ:BV) from a sell rating to a hold rating in a report released on Wednesday morning, Zacks.com reports.

According to Zacks, “BrightView Holdings, Inc. is a provider of commercial landscaping services primarily in the United States. It provides services from landscape maintenance and enhancements to tree care and landscape development for corporate and commercial properties, HOAs, public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail and golf courses. BrightView Holdings, Inc. is based in PA, United States. “

Other analysts also recently issued research reports about the company. Berenberg Bank started coverage on Bazaarvoice in a research note on Wednesday, February 13th. They set a buy rating and a $20.00 price objective on the stock. Nomura decreased their price objective on Bazaarvoice from $25.00 to $22.00 and set a buy rating for the company in a report on Tuesday, February 12th. Finally, Robert W. Baird set a $15.00 price objective on Bazaarvoice and gave the company a buy rating in a report on Friday, December 28th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Bazaarvoice currently has a consensus rating of Buy and an average target price of $21.60.

NASDAQ:BV opened at $14.78 on Wednesday. Bazaarvoice has a 52-week low of $9.05 and a 52-week high of $23.42.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings data on Thursday, February 7th. The technology company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.03). The business had revenue of $526.00 million during the quarter, compared to analysts’ expectations of $546.39 million. During the same quarter last year, the company posted $0.17 earnings per share. The business’s quarterly revenue was down 4.6% on a year-over-year basis.

A number of large investors have recently modified their holdings of BV. First Mercantile Trust Co. acquired a new stake in Bazaarvoice during the fourth quarter worth approximately $25,000. Metropolitan Life Insurance Co. NY grew its stake in shares of Bazaarvoice by 182.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,739 shares of the technology company’s stock worth $79,000 after acquiring an additional 4,999 shares during the period. We Are One Seven LLC bought a new stake in shares of Bazaarvoice in the first quarter worth approximately $235,000. American International Group Inc. bought a new stake in shares of Bazaarvoice in the third quarter worth approximately $263,000. Finally, River Road Asset Management LLC bought a new stake in shares of Bazaarvoice in the fourth quarter worth approximately $263,000. Institutional investors and hedge funds own 78.35% of the company’s stock.

Bazaarvoice Company Profile

Bazaarvoice, Inc offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos.

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Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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