RBC Capital Maintains Sector Perform Rating for Angi: Here's What You Need To Know

RBC Capital has decided to maintain its Sector Perform rating of Angi ANGI and lower its price target from $7.00 to $6.00.

Shares of Angi are trading up 3.08% over the last 24 hours, at $4.53 per share.

A move to $6.00 would account for a 32.6% increase from the current share price.

About Angi

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. It has two geographical segments namely North America (the United States and Canada), which primarily includes the operations HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars, and Fixd Repair; and Europe, which includes the operations of Travaux, MyHammer, MyBuilder, Werkspot, and Instapro. The company generates maximum revenue from the North American segment.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.