Analysts Set Taboola.com Ltd. (NASDAQ:TBLA) Price Target at $11.75

Shares of Taboola.com Ltd. (NASDAQ:TBLAGet Rating) have received a consensus rating of “Buy” from the nine brokerages that are covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $11.00.

A number of research analysts have issued reports on TBLA shares. Cowen decreased their price target on Taboola.com from $15.00 to $13.00 in a report on Thursday, February 24th. Zacks Investment Research raised Taboola.com from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a report on Wednesday. JMP Securities reissued a “buy” rating and issued a $12.00 price target on shares of Taboola.com in a report on Wednesday, March 30th. Susquehanna cut their price objective on Taboola.com from $15.00 to $10.00 and set a “positive” rating for the company in a research report on Thursday, February 24th. Finally, Needham & Company LLC cut their price objective on Taboola.com from $13.00 to $10.00 in a research report on Friday, January 21st.

Large investors have recently modified their holdings of the business. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Taboola.com in the 4th quarter valued at $25,000. McDonald Partners LLC acquired a new position in shares of Taboola.com in the 1st quarter valued at $66,000. DGS Capital Management LLC acquired a new position in shares of Taboola.com in the 4th quarter valued at $83,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Taboola.com in the 4th quarter valued at $95,000. Finally, Blair William & Co. IL acquired a new position in shares of Taboola.com in the 4th quarter valued at $102,000. Institutional investors own 26.68% of the company’s stock.

Taboola.com stock opened at $4.31 on Wednesday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.37. Taboola.com has a 52 week low of $4.24 and a 52 week high of $11.44. The stock has a 50-day moving average price of $5.24 and a 200 day moving average price of $6.87.

Taboola.com Company Profile (Get Rating)

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United Kingdom, the United States, Germany, France, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.

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Analyst Recommendations for Taboola.com (NASDAQ:TBLA)

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