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Ancestry.com Inc (ACOM) [hlAlert]

Rating:
Hold ACOM

Ancestry.com Inc (ACOM) rated Hold with price target $34 by Jefferies

Posted on: Wednesday,  Sep 5, 2012  8:25 AM ET by Jefferies

Ancestry.com Inc (NASDAQ: ACOM)
rated Hold with price target $34 by Jefferies.

Ancestry.com, Inc. is an online resource for family history. The Company focuses to help everyone discover, preserve and share their family history. Its subscribers uses its online platform, digital historical record collection and technology to research their family histories, build their family trees, collaborate with other subscribers, upload their own records and publish and share their stories with their families. The Company offers its service on a subscription basis, annual or monthly. These subscribers are its primary source of revenue. The Company is a holding company, and substantially all of its operations are conducted by its wholly owned subsidiary, Ancestry.com Operations Inc., which it refers to as the operating company, and its subsidiaries. Its operations consist primarily of its Website, Ancestry.com, which is a part of a global family of Websites that includes Ancestry.co.uk, Ancestry.com.au, Ancestry.ca, Ancestry.de, Ancestry.fr, Ancestry.it and Ancestry.se.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/5/2012 8:25 AM Hold
None
30.86 34.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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