IAC/InterActiveCorp – Consensus Indicates Potential 42.0% Upside

Broker Ratings
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IAC/InterActiveCorp with ticker code (IAC) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 218 and 161 with the average target price sitting at 181.62. Now with the previous closing price of 127.94 this indicates there is a potential upside of 42.0%. The 50 day MA is 130.67 while the 200 day moving average is 141.86. The company has a market cap of $11,522m. Find out more information at: https://www.iac.com

The potential market cap would be $16,356m based on the market concensus.

IAC/InterActiveCorp operates as a media and internet company worldwide. The company offers digital marketplace service which connects consumers with service professionals for repairing, remodeling, cleaning, and landscaping solutions under the HomeAdvisor, Angie’s List, and Handy brands; Vimeo, a cloud-based software platform for professionals, teams, and organizations to create, collaborate, and communicate with video; and Dotdash, a portfolio of digital publishing brands that provides information and inspiration in select vertical content categories, as well as provides original and engaging digital content in a various formats, including articles, illustrations, videos, and images. It also provides general search services; advertising-driven desktop applications; and desktop browser applications. The company operates various platforms, such as iTranslate that develops and distributes downloaded mobile translation applications for users to read, write, speak, and learn foreign languages anywhere in the world; TelTech that develops and distributes mobile communications applications to help protect consumer privacy; Daily Burn, a health and fitness business, which provides streaming fitness and workout videos across various platforms; Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; Bluecrew, a staffing platform for flexible W-2 work; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion from its journalists and contributors; NurseFly, a platform to connect healthcare professionals with job opportunities; and IAC Films providers production and producer services for feature films, primarily for initial sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC HOLDINGS IAC/InterActiveCorp is headquartered in New York, New York.

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