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Northland Securities Sticks to Their Buy Rating for Groupon (GRPN)

Tipranks - Tipranks - Fri May 8, 4:44PM CDT

In a report released today, Bobby Brooks from Northland Securities maintained a Buy rating on Groupon, with a price target of $20.00.

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According to TipRanks, Brooks is a 5-star analyst with an average return of 42.0% and a 71.93% success rate. Brooks covers the Industrials sector, focusing on stocks such as Tetra Technologies, Crane NXT, and Innovative Solutions And Support.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Groupon with a $23.33 average price target.

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Based on Groupon’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $132.71 million and a net profit of $7.34 million. In comparison, last year the company earned a revenue of $130.38 million and had a GAAP net loss of $50.65 million

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