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Angie's List Inc (ANGI) [hlAlert]

down 53.74 %

Angie's List Inc (ANGI) rated Outperform with price target $15 by Northland Securities

Posted on: Tuesday,  Nov 27, 2012  8:25 AM ET by Northland Securities

Northland Securities rated Outperform Angie's List Inc (NASDAQ: ANGI) on 11/27/2012, when the stock price was $10.96. Since
then, Angie's List Inc has lost 53.74% as of 01/04/2016's recent price of $5.07.
If you would have followed this Northland Securities's recommendation on ANGI, you would have lost 53.74% of your investment in 1133 days.

Angie?s List, Inc. (Angie?s List) operates a consumer-driven solution for its members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services. As of June 30, 2011, the Company had more than 820,000 paid memberships. It allows local service providers who are rated by its members to advertise discounts and other promotions to its members. The Company helps consumers purchase high cost of failure services in an extremely fragmented local marketplace. These services, which include home remodeling, plumbing, roof repair, health care and automobile repair. The Company?s ratings are based on reviews from its members and it accepts no anonymous reviews. Its typical member is between the ages of 35 and 64, is married, owns a home, is college educated and has an annual household income of at least $100,000. As of June 30, 2011, the Company offered its service to paying members in 170 local markets in the United States.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/27/2012 8:25 AM Buy
10.96 15.00
as of 12/31/2012
1 Week up  1.01 %
1 Month up  7.92 %
3 Months up  9.39 %
1 YTD up  9.39 %

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