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Enter Symbol:
 
Ellie Mae Inc (ELLI) [hlAlert]

Rating:
Overweight
ELLI
up 483.14 %

Ellie Mae Inc (ELLI) rated Overweight with price target $85 by Barclays

Posted on: Friday,  Jul 31, 2015  1:25 PM ET by Barclays

Barclays rated Overweight Ellie Mae Inc (NYSE: ELLI) on 07/31/2015. Previously Barclays rated Overweight Ellie Mae Inc (NYSE: ELLI) on 04/24/2012.,
when the stock price was $12.70. Since then, Ellie Mae Inc has gained 483.15% as of 10/29/2015's recent price of $74.06.
If you would have followed the previous Barclays's recommendation on ELLI, you would have gained 483.14% of your investment in 1283 days.

Ellie Mae, Inc. hosts an electronic mortgage origination networks in the United States. The Ellie Mae Network electronically connects approximately 55,000 mortgage professionals to the mortgage lenders, investors and service providers integral to the origination and funding of residential mortgages. For mortgage originators, the Company provides Encompass software, an operating system that handles business and management functions involved in running a mortgage origination business, and serves as a gateway to the Ellie Mae Network. The Company also offers Encompass users a variety of additional services, including Encompass Closer, which automatically prepares the disclosure and closing documents necessary to fund a mortgage, CenterWise, a bundled offering of electronic document management and Websites used for customer relationship management, and Encompass Compliance Service, its compliance service powered by Mavent Holdings Inc. In August 2011, it acquired Del Mar Datatrac, Inc.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2015 1:25 PM Buy
None
77.73 85.00
as of 8/27/2015
1 Week down  -4.53 %
1 Month up  3.68 %
3 Months up  18.49 %
1 YTD up  175.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/5/2014 3:25 PM Buy
None
40.45 50.00
11/1/2013 3:25 PM Buy
None
23.60 36.00
1/7/2013 2:25 PM Buy
None
27.57 38.00
5/3/2012 12:25 PM Buy
None
15.36 20.00
4/24/2012 1:25 PM Buy
None
12.70 17.00

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