Robert W. Baird analyst William Power maintained a Buy rating on J2 Global (NASDAQ:JCOM) Communications Inc on Wednesday, setting a price target of $150, which is approximately 7.31% above the present share price of $139.78.
Power expects J2 Global Communications Inc to post earnings per share (EPS) of $1.75 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in J2 Global, with an average price target of $164.13.
The analysts price targets range from a high of $250 to a low of $139.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $398.19 million and a net profit of $78.48 million. The company's market cap is $6.34 billion.
According to TipRanks.com, Robert W. Baird analyst William Power is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.9% and a 73.47% success rate.
J2 Global, Inc. is a holding company, which engages in the provision of Internet services. It operates through the following segments: Business Cloud Services and Digital Media. The Business Cloud Services segment offers online fax, virtual phone system, unified communications, online backup, customer relationship management, intellectual property licensing, global network operations, and customer support. The Digital Media segment includes display and video advertising, performance marketing, web properties, and licensing activities. The company was founded by Jaye Muller and John F. Rieley in December 1995 and is headquartered in Los Angeles, CA.