IAC/InterActiveCorp (IAC) Buy Rating Kept by Analysts at BMO Capital; The Price Objective is $226.0000; John Hancock Income Securities Trust Has 1.13 Sentiment

April 16, 2018 - By Annabelle Johnson

IAC/InterActiveCorp (NASDAQ:IAC) Logo

EU: In an analyst note revealed to investors and clients on Monday morning, BMO Capital reaffirmed their Buy rating on shares of IAC/InterActiveCorp (IAC). They currently have a $226.0000 price target on the firm. BMO Capital’s target gives a potential upside of 44.27% from the company’s previous stock close.

John Hancock Income Securities Trust (JHS) investors sentiment decreased to 1.13 in Q4 2017. It’s down -0.16, from 1.29 in 2017Q3. The ratio fall, as 9 funds started new or increased positions, while 8 sold and decreased holdings in John Hancock Income Securities Trust. The funds in our database now hold: 2.98 million shares, down from 3.25 million shares in 2017Q3. Also, the number of funds holding John Hancock Income Securities Trust in top ten positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 5 Increased: 8 New Position: 1.

Sit Investment Associates Inc holds 0.52% of its portfolio in John Hancock Income Securities Trust for 1.47 million shares. Brick & Kyle Associates owns 35,085 shares or 0.42% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.37% invested in the company for 443,900 shares. The Florida-based Provise Management Group Llc has invested 0.25% in the stock. M&R Capital Management Inc, a New York-based fund reported 22,000 shares.

The stock decreased 0.44% or $0.0611 during the last trading session, reaching $13.8889. About 15,916 shares traded. John Hancock Income Securities Trust (JHS) has declined 0.50% since April 16, 2017 and is downtrending. It has underperformed by 12.05% the S&P500.

Analysts await IAC/InterActiveCorp (NASDAQ:IAC) to report earnings on May, 2. They expect $0.38 EPS, up 660.00% or $0.33 from last year’s $0.05 per share. IAC’s profit will be $31.41 million for 103.06 P/E if the $0.38 EPS becomes a reality. After $0.76 actual EPS reported by IAC/InterActiveCorp for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Among 23 analysts covering IAC InterActive (IAC), 21 have Buy rating, 0 Sell and 2 Hold. Therefore 91% are positive. IAC InterActive has $218.0 highest and $70.0 lowest target. $161.68’s average target is 3.21% above currents $156.65 stock price. IAC InterActive had 68 analyst reports since June 7, 2016 according to SRatingsIntel. BMO Capital Markets maintained the shares of IAC in report on Monday, February 12 with “Outperform” rating. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, July 13. The rating was maintained by Guggenheim on Friday, December 22 with “Buy”. The stock of IAC/InterActiveCorp (NASDAQ:IAC) earned “Buy” rating by Bank of America on Friday, November 10. Piper Jaffray maintained IAC/InterActiveCorp (NASDAQ:IAC) on Wednesday, August 2 with “Buy” rating. Oppenheimer maintained IAC/InterActiveCorp (NASDAQ:IAC) on Wednesday, August 9 with “Buy” rating. The stock of IAC/InterActiveCorp (NASDAQ:IAC) has “Buy” rating given on Tuesday, October 10 by Bank of America. The company was maintained on Friday, November 10 by Needham. Barclays Capital maintained the shares of IAC in report on Thursday, October 13 with “Overweight” rating. Citigroup maintained the shares of IAC in report on Monday, October 9 with “Buy” rating.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet firm in the United States and internationally. The company has market cap of $12.95 billion. It operates through six divisions: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other. It has a 49.25 P/E ratio. The Match Group segment provides dating products, which enables a user to establish a profile and review other peopleÂ’s profiles in 42 languages; and non-dating services, including educational test preparation, academic tutoring, and college counseling services.

IAC/InterActiveCorp (NASDAQ:IAC) Institutional Positions Chart