Needham & Company LLC Reiterates “Buy” Rating for COMSCORE (OTCMKTS:SCOR)

COMSCORE (OTCMKTS:SCOR)‘s stock had its “buy” rating reaffirmed by research analysts at Needham & Company LLC in a research note issued on Tuesday, AnalystRatings.com reports. They currently have a $6.00 price objective on the business services provider’s stock. Needham & Company LLC’s price objective would indicate a potential upside of 158.62% from the company’s current price.

Separately, Zacks Investment Research lowered shares of COMSCORE from a “buy” rating to a “hold” rating in a research report on Tuesday, July 14th.

Shares of SCOR stock opened at $2.32 on Tuesday. COMSCORE has a 1-year low of $1.67 and a 1-year high of $5.51. The stock’s fifty day moving average price is $2.80 and its 200 day moving average price is $2.93.

COMSCORE (OTCMKTS:SCOR) last announced its earnings results on Monday, August 10th. The business services provider reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.04). The company had revenue of $88.57 million during the quarter, compared to analysts’ expectations of $88.79 million. During the same quarter last year, the business posted ($4.61) EPS. COMSCORE’s revenue was down 8.6% compared to the same quarter last year.

Large investors have recently added to or reduced their stakes in the company. Marshall Wace North America L.P. acquired a new stake in shares of COMSCORE in the first quarter worth $41,000. Diversified Trust Co acquired a new stake in shares of COMSCORE in the second quarter worth $33,000. WMS Partners LLC acquired a new stake in shares of COMSCORE in the first quarter worth $31,000. Koshinski Asset Management Inc. acquired a new stake in COMSCORE during the second quarter valued at $50,000. Finally, Jane Street Group LLC acquired a new stake in COMSCORE during the second quarter valued at $50,000. Hedge funds and other institutional investors own 25.55% of the company’s stock.

COMSCORE Company Profile

comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms worldwide. The company offers digital audience products and services, including Media Metrix and Mobile Metrix, Video Metrix, Plan Metrix, and comScore marketing solutions, which provide person-centric insights across various devices and can capture various types of content.

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