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Analysts Have Conflicting Sentiments on These Communication Services Companies: Bumble (BMBL), Trade Desk (TTD) and Quebecor (OtherQBCRF)

Tipranks - Sat Aug 8, 6:30AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Bumble (BMBL), Trade Desk (TTD) and Quebecor (QBCRF).

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Bumble (BMBL)

Wells Fargo analyst Ken Gawrelski assigned a Hold rating to Bumble today and set a price target of $4.00. The company’s shares closed last Thursday at $2.85.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 4.5% and a 50.5% success rate. Gawrelski covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Match Group. ;'>

Currently, the analyst consensus on Bumble is a Hold with an average price target of $3.82, which is a 39.4% upside from current levels. In a report issued on August 5, Citi also maintained a Hold rating on the stock with a $3.60 price target.

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Trade Desk (TTD)

In a report released today, Laura Martin from Needham maintained a Buy rating on Trade Desk, with a price target of $19.00. The company’s shares closed last Thursday at $17.67.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 11.5% and a 52.9% success rate. Martin covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Nexxen International, and Reddit Inc Class A. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Trade Desk with a $18.16 average price target, representing a -1.9% downside. In a report issued on July 29, RBC Capital also maintained a Buy rating on the stock with a $33.00 price target.

Quebecor (QBCRF)

RBC Capital analyst Drew Mcreynolds maintained a Hold rating on Quebecor yesterday and set a price target of C$71.00. The company’s shares closed last Thursday at $47.39.

According to TipRanks.com, Mcreynolds is a 4-star analyst with an average return of 4.0% and a 53.0% success rate. Mcreynolds covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and WildBrain. ;'>

Quebecor has an analyst consensus of Moderate Buy, with a price target consensus of $51.56.

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