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Analysts Offer Insights on Communication Services Companies: StarHub (OtherSRHBF) and Groupon (GRPN)

Tipranks - Sat May 9, 12:44PM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on StarHub (SRHBF) and Groupon (GRPN).

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StarHub (SRHBF)

In a report released today, Thilan Wickramasinghe from Maybank maintained a Hold rating on StarHub, with a price target of S$1.00. The company’s shares closed last Friday at $0.72.

According to TipRanks.com, Wickramasinghe is ranked #3357 out of 12242 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for StarHub with a $0.74 average price target.

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Groupon (GRPN)

Roth MKM analyst Sean McGowan maintained a Buy rating on Groupon today and set a price target of $40.00. The company’s shares closed last Friday at $17.94, close to its 52-week high of $18.99.

According to TipRanks.com, McGowan is a 2-star analyst with an average return of 0.6% and a 36.0% success rate. McGowan covers the Consumer Goods sector, focusing on stocks such as GURU Organic Energy Corp, BioHarvest Sciences, and Celsius Holdings. ;'>

Groupon has an analyst consensus of Moderate Buy, with a price target consensus of $23.33, representing a 45.8% upside. In a report released yesterday, Northland Securities also maintained a Buy rating on the stock with a $20.00 price target.

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